GCM Resources Plc (LON:GCM – Get Free Report)’s stock price shot up 18.9% during trading on Monday . The stock traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.40 ($0.04). 12,515,962 shares traded hands during mid-day trading, an increase of 659% from the average session volume of 1,648,413 shares. The stock had previously closed at GBX 2.86 ($0.04).
GCM Resources Stock Performance
The stock has a market cap of £8.46 million, a price-to-earnings ratio of -3.95 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 firm has a fifty day moving average of GBX 1.68 and a 200 day moving average of GBX 2.08.
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.
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