GCM Resources Plc (LON:GCM – Get Free Report) traded up 31.5% during trading on Tuesday . The company traded as high as GBX 2.85 ($0.04) and last traded at GBX 2.40 ($0.03). 8,052,865 shares were traded during mid-day trading, an increase of 814% from the average session volume of 880,821 shares. The stock had previously closed at GBX 1.83 ($0.02).
GCM Resources Stock Performance
The firm has a market capitalization of £6.27 million, a PE ratio of -2.93 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 business’s fifty day simple moving average is GBX 1.60 and its 200-day simple moving average is GBX 2.09.
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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