GCM Resources Plc (LON:GCM – Get Free Report) shot up 46.3% during trading on Tuesday . The stock traded as high as GBX 2.80 ($0.04) and last traded at GBX 2.67 ($0.03). 18,721,391 shares traded hands during mid-day trading, an increase of 1,604% from the average session volume of 1,098,547 shares. The stock had previously closed at GBX 1.83 ($0.02).
GCM Resources Stock Performance
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 cap of £5.81 million, a PE ratio of -2.71 and a beta of 0.73. The firm’s fifty day moving average is GBX 1.60 and its 200 day moving average is GBX 2.09.
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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