GCM Resources Plc (LON:GCM – Get Free Report) shares shot up 42.9% during trading on Friday . The company traded as high as GBX 4.40 ($0.06) and last traded at GBX 4 ($0.05). 11,307,676 shares changed 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 Trading Up 42.9 %
The stock has a market cap of £11.98 million, a P/E ratio of -5.59 and a beta of 0.73. The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11. The business’s 50 day simple moving average is GBX 1.78 and its 200 day simple moving average is GBX 2.09.
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.
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