GCM Resources Plc (LON:GCM – Get Free Report)’s share price shot up 22.4% during mid-day trading on Monday . The stock traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.50 ($0.05). 12,403,527 shares traded hands during trading, an increase of 653% from the average session volume of 1,646,291 shares. The stock had previously closed at GBX 2.86 ($0.04).
GCM Resources Trading Down 4.3 %
The stock has a market capitalization of £8.46 million, a PE ratio of -3.95 and a beta of 0.73. The firm has a 50-day moving average price of GBX 1.68 and a 200-day moving average price of GBX 2.08. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76.
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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