GCM Resources Plc (LON:GCM – Get Free Report)’s stock price rose 38.9% during mid-day trading on Monday . The company traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.95 ($0.03). Approximately 7,452,965 shares were traded during trading, an increase of 936% from the average daily volume of 719,721 shares. The stock had previously closed at GBX 1.40 ($0.02).
GCM Resources Stock Performance
The firm has a 50-day simple moving average of GBX 1.59 and a two-hundred day simple moving average of GBX 2.11. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76. The company has a market capitalization of £5.66 million, a price-to-earnings ratio of -2.64 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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