GCM Resources (LON:GCM) Trading Down 24.9% – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report) fell 24.9% during trading on Friday . The stock traded as low as GBX 2.70 ($0.03) and last traded at GBX 2.70 ($0.03). 51,358,863 shares were traded during mid-day trading, an increase of 1,468% from the average session volume of 3,275,058 shares. The stock had previously closed at GBX 3.60 ($0.05).

GCM Resources Price Performance

The stock has a market cap of £8.18 million, a PE ratio of -3.82 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 fifty day moving average is GBX 2 and its 200 day moving average is GBX 2.14.

GCM Resources Company Profile

(Get Free Report)

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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