GCM Resources Plc (LON:GCM – Get Free Report) shares were down 25.5% during mid-day trading on Thursday . The company traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.50 ($0.05). Approximately 10,478,316 shares changed hands during mid-day trading, an increase of 316% from the average daily volume of 2,519,479 shares. The stock had previously closed at GBX 4.70 ($0.06).
GCM Resources Price Performance
The company has a market capitalization of £8.18 million, a PE ratio of -3.82 and a beta of 0.73. 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 company’s 50 day simple moving average is GBX 2.02 and its 200 day simple moving average is GBX 2.14.
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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