GCM Resources Plc (LON:GCM – Get Free Report) rose 22.4% during mid-day trading on Monday . The company traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.50 ($0.05). Approximately 12,403,527 shares changed hands during trading, an increase of 653% from the average daily volume of 1,646,291 shares. The stock had previously closed at GBX 2.86 ($0.04).
GCM Resources Price Performance
The stock has a market capitalization of £8.46 million, a price-to-earnings ratio of -3.95 and a beta of 0.73. The business’s fifty day moving average price is GBX 1.68 and its 200-day moving average price is GBX 2.08. The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11.
About GCM Resources
GCM Resources Plc, together with its subsidiaries, operates as a resource exploration and development company in the United States. The company primarily engages in the development of the Phulbari coal and power project that relates to thermal coal and semi-soft coking coal located in Northwest, Bangladesh.
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