GCM Resources Plc (LON:GCM – Get Free Report) shares rose 18.9% during mid-day trading on Monday . The company traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.40 ($0.04). Approximately 12,515,962 shares traded hands during trading, an increase of 659% from the average daily volume of 1,648,413 shares. The stock had previously closed at GBX 2.86 ($0.04).
GCM Resources Stock Performance
The firm has a 50 day moving average price of GBX 1.63 and a 200 day moving average price of GBX 2.08. The stock has a market cap of £9.82 million, a PE ratio of -4.58 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 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.
Further Reading
- Five stocks we like better than GCM Resources
- 5 discounted opportunities for dividend growth investors
- Occidental Petroleum: 4 Reasons to Love These Prices
- Airline Stocks – Top Airline Stocks to Buy Now
- Super Micro’s International Presence Makes It a Winning Stock
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Grocery Outlet Insider and Institutional Buyers Signal Bottom
Receive News & Ratings for GCM Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCM Resources and related companies with MarketBeat.com's FREE daily email newsletter.
