GCM Resources Plc (LON:GCM – Get Free Report) shot up 50.5% on Saturday . The company traded as high as GBX 3 ($0.04) and last traded at GBX 2.86 ($0.04). 6,413,438 shares changed hands during mid-day trading, an increase of 346% from the average session volume of 1,439,421 shares. The stock had previously closed at GBX 1.90 ($0.02).
GCM Resources Trading Up 50.5 %
The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11. The business’s 50-day moving average price is GBX 1.63 and its two-hundred day moving average price is GBX 2.09. The company has a market capitalization of £8.56 million, a price-to-earnings ratio of -4.00 and a beta of 0.73.
GCM Resources Company Profile
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.
See Also
- Five stocks we like better than GCM Resources
- Which Wall Street Analysts are the Most Accurate?
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- How to Invest in the FAANG Stocks
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
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.
