GCM Resources (LON:GCM) Releases Quarterly Earnings Results

GCM Resources (LON:GCM) announced its quarterly earnings results on Monday. The company reported GBX (0.50) (($0.01)) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

GCM Resources Stock Performance

Shares of GCM Resources stock traded up GBX 0.04 ($0.00) during trading hours on Wednesday, reaching GBX 2.69 ($0.03). 1,670,764 shares of the stock traded hands, compared to its average volume of 2,694,189. The company has a 50 day moving average price of GBX 2.06 and a 200 day moving average price of GBX 2.13. GCM Resources has a one year low of GBX 1.30 ($0.02) and a one year high of GBX 11 ($0.14). 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 firm has a market capitalization of £8.06 million, a price-to-earnings ratio of -3.76 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.