GCM Resources (LON:GCM) Reaches New 12-Month Low – Time to Sell?

GCM Resources Plc (LON:GCMGet Free Report)’s stock price hit a new 52-week low on Thursday . The company traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.51 ($0.02), with a volume of 1589599 shares trading hands. The stock had previously closed at GBX 1.60 ($0.02).

GCM Resources Trading Down 5.9 %

The company’s fifty day simple moving average is GBX 1.84 and its two-hundred day simple moving average is GBX 2.86. The company has a market capitalization of £4.16 million, a price-to-earnings ratio of -150.50 and a beta of 0.73. The company has a quick ratio of 0.11, a current ratio of 0.06 and a debt-to-equity ratio of 14.77.

About GCM Resources

(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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