Shares of GCM Resources Plc (LON:GCM – Get Free Report) were down 9.1% on Monday . The stock traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.64 ($0.05). Approximately 3,669,697 shares traded hands during mid-day trading, an increase of 85% from the average daily volume of 1,988,675 shares. The stock had previously closed at GBX 4 ($0.05).
GCM Resources Stock Down 9.1 %
The company has a 50 day moving average price of GBX 1.78 and a two-hundred day moving average price of GBX 2.09. 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 stock has a market cap of £10.89 million, a PE ratio of -5.08 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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