GCM Resources (LON:GCM) Trading 13.5% Higher – Here’s What Happened

GCM Resources Plc (LON:GCMGet Free Report)’s share price rose 13.5% during trading on Monday . The company traded as high as GBX 7.49 ($0.10) and last traded at GBX 7.49 ($0.10). Approximately 206,610 shares traded hands during trading, a decline of 88% from the average daily volume of 1,743,399 shares. The stock had previously closed at GBX 6.60 ($0.09).

GCM Resources Stock Performance

The company has a market cap of £25.19 million, a PE ratio of -936.25 and a beta of 0.73. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20. The stock’s 50-day simple moving average is GBX 5.99 and its 200 day simple moving average is GBX 4.39.

About GCM Resources

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for GCM Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCM Resources and related companies with MarketBeat.com's FREE daily email newsletter.