GCM Resources Plc (LON:GCM – Get Free Report) rose 14.7% during trading on Monday . The company traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.28 ($0.04). Approximately 14,020,206 shares were traded during mid-day trading, an increase of 736% from the average daily volume of 1,676,795 shares. The stock had previously closed at GBX 2.86 ($0.04).
GCM Resources Price Performance
The business has a 50-day simple moving average of GBX 1.68 and a 200 day simple moving average of GBX 2.08. The stock has a market cap of £8.50 million, a P/E ratio of -3.97 and a beta of 0.73. 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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