GCM Resources (LON:GCM) Trading Up 4.3% – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report)’s stock price rose 4.3% on Friday . The company traded as high as GBX 6.40 and last traded at GBX 6. Approximately 812,532 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 1,602,249 shares. The stock had previously closed at GBX 5.75.

GCM Resources Stock Up 2.6%

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 market capitalization of £19.84 million, a P/E ratio of -7.38 and a beta of 0.73. The firm’s fifty day moving average price is GBX 6.08 and its 200-day moving average price is GBX 4.97.

GCM Resources (LON:GCMGet Free Report) last announced its earnings results on Friday, November 21st. The company reported GBX (0.70) EPS for the quarter.

GCM Resources Company Profile

(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.

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