GCM Resources Plc (LON:GCM – Get Free Report)’s stock price fell 4.6% during mid-day trading on Wednesday . The company traded as low as GBX 5.50 ($0.07) and last traded at GBX 6.44 ($0.09). 5,739,009 shares changed hands during mid-day trading, an increase of 225% from the average session volume of 1,766,457 shares. The stock had previously closed at GBX 6.75 ($0.09).
GCM Resources Trading Down 3.9%
The company has a fifty day moving average of GBX 6.04 and a two-hundred day moving average of GBX 4.43. The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76. The stock has a market capitalization of £20.19 million, a price-to-earnings ratio of -750.63 and a beta of 0.73.
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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