GCM Resources Plc (LON:GCM – Get Free Report) shares dropped 9% during mid-day trading on Thursday . The company traded as low as GBX 4.14 ($0.05) and last traded at GBX 4.28 ($0.06). Approximately 3,520,907 shares traded hands during trading, an increase of 46% from the average daily volume of 2,405,423 shares. The stock had previously closed at GBX 4.70 ($0.06).
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 firm has a 50-day moving average of GBX 2.02 and a 200 day moving average of GBX 2.14. The stock has a market capitalization of £8.18 million, a P/E ratio of -3.82 and a beta of 0.73.
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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