Shares of GCM Resources Plc (LON:GCM – Get Free Report) rose 11.8% during mid-day trading on Monday . The company traded as high as GBX 20.45 and last traded at GBX 19. 24,963,943 shares were traded during trading, an increase of 818% from the average daily volume of 2,720,366 shares. The stock had previously closed at GBX 17.
GCM Resources Stock Performance
The company has a debt-to-equity ratio of 17.40, a current ratio of 0.09 and a quick ratio of 0.11. The company has a market capitalization of £71.25 million, a PE ratio of -38.00 and a beta of 0.66. The stock has a 50-day simple moving average of GBX 4.49 and a 200 day simple moving average of GBX 6.16.
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. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.
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