GCM Resources Plc (LON:GCM – Get Free Report)’s share price traded down 8% during trading on Wednesday . The company traded as low as GBX 2.22 ($0.03) and last traded at GBX 2.30 ($0.03). 1,658,188 shares traded hands during trading, a decline of 36% from the average session volume of 2,602,674 shares. The stock had previously closed at GBX 2.50 ($0.03).
GCM Resources Price Performance
The company has a debt-to-equity ratio of 14.77, a current ratio of 0.06 and a quick ratio of 0.11. The stock’s fifty day moving average price is GBX 2.89 and its 200-day moving average price is GBX 4.82. The firm has a market cap of £6.91 million, a PE ratio of -245.00 and a beta of 0.73.
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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