GCM Resources Plc (LON:GCM – Get Free Report)’s share price shot up 42.9% on Saturday . The company traded as high as GBX 4.40 ($0.06) and last traded at GBX 4 ($0.05). 11,307,676 shares traded hands during trading, an increase of 481% from the average session volume of 1,944,845 shares. The stock had previously closed at GBX 2.80 ($0.04).
GCM Resources Price Performance
The company’s 50-day moving average is GBX 1.78 and its 200-day moving average is GBX 2.10. The firm has a market cap of £11.98 million, a price-to-earnings ratio of -5.59 and a beta of 0.73. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76.
About GCM Resources
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.
Featured Articles
- Five stocks we like better than GCM Resources
- Compound Interest and Why It Matters When Investing
- Why Williams-Sonoma Will Hit Fresh Highs in 2025
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Alphabet Stock Becomes a Low-Risk, High-Reward Play
- 3 Stocks to Consider Buying in October
- Affirm Stock: Should You Buy the Dip After Walmart Setback?
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.
