Shares of GCM Resources Plc (LON:GCM – Get Free Report) were up 37% on Tuesday . The company traded as high as GBX 2.55 ($0.03) and last traded at GBX 2.50 ($0.03). Approximately 9,873,602 shares changed hands during mid-day trading, an increase of 976% from the average daily volume of 917,979 shares. The stock had previously closed at GBX 1.83 ($0.02).
GCM Resources Stock Down 13.8 %
The firm has a market cap of £5.42 million, a price-to-earnings ratio of -2.53 and a beta of 0.73. The firm has a 50 day moving average price of GBX 1.60 and a 200-day moving average price of GBX 2.09. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76.
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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