GCM Resources (LON:GCM) Shares Down 7.6% – Should You Sell?

GCM Resources Plc (LON:GCMGet Free Report)’s stock price was down 7.6% during mid-day trading on Monday . The stock traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.70 ($0.05). Approximately 3,747,487 shares traded hands during trading, an increase of 88% from the average daily volume of 1,990,016 shares. The stock had previously closed at GBX 4 ($0.05).

GCM Resources Stock Performance

The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76. The company has a market capitalization of £14.97 million, a PE ratio of -6.99 and a beta of 0.73. The business has a 50 day simple moving average of GBX 1.90 and a 200 day simple moving average of GBX 2.11.

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.

Read More

Receive News & Ratings for GCM Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCM Resources and related companies with MarketBeat.com's FREE daily email newsletter.