GCM Resources Plc (LON:GCM – Get Free Report)’s share price rose 15.9% during mid-day trading on Tuesday . The company traded as high as GBX 5.05 ($0.07) and last traded at GBX 4.87 ($0.06). Approximately 20,789,832 shares were traded during mid-day trading, an increase of 759% from the average daily volume of 2,421,299 shares. The stock had previously closed at GBX 4.20 ($0.05).
GCM Resources Stock Performance
The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11. The firm has a market capitalization of £10.48 million, a PE ratio of -4.89 and a beta of 0.73. The company’s fifty day simple moving average is GBX 1.96 and its 200 day simple moving average is GBX 2.13.
GCM Resources Company Profile
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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