GCM Resources Plc (LON:GCM – Get Free Report)’s share price was up 32.2% during mid-day trading on Thursday . The stock traded as high as GBX 3.60 ($0.05) and last traded at GBX 3.57 ($0.05). Approximately 3,657,100 shares traded hands during trading, an increase of 64% from the average daily volume of 2,233,752 shares. The stock had previously closed at GBX 2.70 ($0.04).
GCM Resources Stock Up 33.3%
The firm has a fifty day simple moving average of GBX 2.63 and a 200-day simple moving average of GBX 2.16. The firm has a market cap of £10.78 million, a price-to-earnings ratio of -5.03 and a beta of 0.73. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20.
GCM Resources (LON:GCM – Get Free Report) last posted its quarterly earnings data on Monday, March 31st. The company reported GBX (0.50) (($0.01)) earnings per share for the quarter.
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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