Shares of GCM Resources Plc (LON:GCM – Get Free Report) were down 15.4% during trading on Tuesday . The company traded as low as GBX 2.71 ($0.04) and last traded at GBX 2.71 ($0.04). Approximately 5,879,899 shares changed hands during trading, an increase of 235% from the average daily volume of 1,755,495 shares. The stock had previously closed at GBX 3.20 ($0.04).
GCM Resources Stock Down 3.7 %
The firm has a 50-day moving average price of GBX 1.71 and a two-hundred day moving average price of GBX 2.08. The company has a market capitalization of £8.50 million, a P/E ratio of -3.97 and a beta of 0.73. The company has a quick ratio of 0.11, a current ratio of 1.20 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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