GCM Resources Plc (LON:GCM – Get Free Report) shares were up 15.9% on Wednesday . The company traded as high as GBX 5.05 ($0.07) and last traded at GBX 4.87 ($0.06). Approximately 20,789,832 shares traded hands during mid-day 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 Down 20.8 %
The business has a fifty day moving average of GBX 2 and a two-hundred day moving average of GBX 2.14. The firm has a market cap of £8.53 million, a price-to-earnings ratio of -3.98 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.
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.
Recommended Stories
- Five stocks we like better than GCM Resources
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell
- What is a Death Cross in Stocks?
- Top 3 Beverage Stocks Pouring Out Profits
- What Are Treasury Bonds?
- CarMax and Carvana: Steering the Used Car Market
Receive News & Ratings for GCM Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCM Resources and related companies with MarketBeat.com's FREE daily email newsletter.
