GCM Resources (LON:GCM) Hits New 52-Week Low – Here’s What Happened

GCM Resources Plc (LON:GCMGet Free Report) shares hit a new 52-week low during trading on Friday . The stock traded as low as GBX 1.56 ($0.02) and last traded at GBX 1.68 ($0.02), with a volume of 1103248 shares changing hands. The stock had previously closed at GBX 1.65 ($0.02).

GCM Resources Price Performance

The stock has a 50-day moving average price of GBX 1.90 and a two-hundred day moving average price of GBX 2.97. The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 14.77. The stock has a market cap of £4.64 million, a price-to-earnings ratio of -168.00 and a beta of 0.73.

About GCM Resources

(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.

Further Reading

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.