GCM Resources (LON:GCM) Reaches New 52-Week Low – Here’s What Happened

Shares of GCM Resources Plc (LON:GCMGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 3.50 and last traded at GBX 3.66, with a volume of 485764 shares changing hands. The stock had previously closed at GBX 3.65.

GCM Resources Trading Up 0.3%

The business’s 50 day simple moving average is GBX 4.98 and its two-hundred day simple moving average is GBX 6.57. The stock has a market cap of £13.48 million, a P/E ratio of -7.32 and a beta of 0.72. The company has a quick ratio of 0.11, a current ratio of 0.09 and a debt-to-equity ratio of 17.40.

GCM Resources (LON:GCMGet Free Report) last released its quarterly earnings data on Tuesday, March 31st. The company reported GBX (0.30) earnings per share (EPS) for the quarter.

GCM Resources Company Profile

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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. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.

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