Shares of GCM Resources Plc (LON:GCM – Get Free Report) were up 15.9% during trading on Wednesday . The stock traded as high as GBX 5.05 ($0.07) and last traded at GBX 4.87 ($0.06). Approximately 20,789,832 shares changed hands during 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 Trading Up 15.9 %
The firm has a market capitalization of £14.58 million, a PE ratio of -6.80 and a beta of 0.73. 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’s 50-day simple moving average is GBX 1.90 and its 200 day simple moving average is GBX 2.11.
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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