Shares of GCM Resources Plc (LON:GCM – Get Free Report) rose 37% during mid-day trading on Thursday . The company traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.70 ($0.05). Approximately 6,752,418 shares traded hands during trading, an increase of 198% from the average daily volume of 2,262,681 shares. The stock had previously closed at GBX 2.70 ($0.04).
GCM Resources Price Performance
The stock’s 50-day moving average price is GBX 2.66 and its 200-day moving average price is GBX 2.18. The company has a market capitalization of £10.93 million, a price-to-earnings ratio of -5.10 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.
GCM Resources (LON:GCM – Get Free Report) last announced its quarterly earnings results on Monday, March 31st. The company reported GBX (0.50) (($0.01)) earnings per share for the quarter.
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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