Shares of GCM Resources Plc (LON:GCM – Get Free Report) shot up 42.9% during trading on Monday . The stock traded as high as GBX 2 ($0.03) and last traded at GBX 2 ($0.03). 2,858,347 shares traded hands during mid-day trading, an increase of 358% from the average session volume of 624,000 shares. The stock had previously closed at GBX 1.40 ($0.02).
GCM Resources Stock Performance
The firm’s fifty day moving average price is GBX 1.59 and its 200 day moving average price is GBX 2.11. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76. The stock has a market capitalization of £6.21 million, a price-to-earnings ratio of -2.90 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.
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