GCM Resources (LON:GCM) Trading Down 9.4% – Here’s What Happened

GCM Resources Plc (LON:GCMGet Free Report) was down 9.4% during trading on Tuesday . The stock traded as low as GBX 2.80 ($0.04) and last traded at GBX 2.90 ($0.04). Approximately 5,451,105 shares were traded during trading, an increase of 211% from the average daily volume of 1,751,258 shares. The stock had previously closed at GBX 3.20 ($0.04).

GCM Resources Stock Down 9.4 %

The stock has a market cap of £8.68 million, a PE ratio of -4.05 and a beta of 0.73. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20. The company’s 50-day moving average price is GBX 1.66 and its 200 day moving average price is GBX 2.08.

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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