Shares of GCM Resources Plc (LON:GCM – Get Free Report) fell 2.4% during mid-day trading on Thursday . The company traded as low as GBX 1.70 ($0.02) and last traded at GBX 2.05 ($0.03). 5,662,298 shares were traded during mid-day trading, an increase of 325% from the average session volume of 1,333,337 shares. The stock had previously closed at GBX 2.10 ($0.03).
GCM Resources Trading Up 50.5 %
The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20. The business has a fifty day simple moving average of GBX 1.63 and a 200 day simple moving average of GBX 2.09. The stock has a market cap of £8.56 million, a price-to-earnings ratio of -4.00 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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