GCM Resources (LON:GCM) Hits New 1-Year Low – Here’s Why

GCM Resources Plc (LON:GCMGet Free Report)’s share price reached a new 52-week low on Monday . The stock traded as low as GBX 3.80 and last traded at GBX 3.90, with a volume of 399941 shares. The stock had previously closed at GBX 3.98.

GCM Resources Stock Performance

The stock has a market cap of £13.16 million, a price-to-earnings ratio of -7.15 and a beta of 0.72. The stock’s 50-day moving average is GBX 5.11 and its 200-day moving average is GBX 6.62. The company has a debt-to-equity ratio of 17.40, a current ratio of 0.09 and a quick ratio of 0.11.

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

GCM Resources Company Profile

(Get Free Report)

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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