GCM Resources Plc (LON:GCM – Get Free Report) shares rose 5% during mid-day trading on Tuesday . The company traded as high as GBX 4.68 ($0.06) and last traded at GBX 4.20 ($0.05). Approximately 11,819,897 shares were traded during trading, an increase of 455% from the average daily volume of 2,129,196 shares. The stock had previously closed at GBX 4 ($0.05).
GCM Resources Trading Down 11.3 %
The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20. The firm has a market cap of £12.49 million, a P/E ratio of -5.83 and a beta of 0.73. The firm has a 50 day simple moving average of GBX 1.96 and a 200 day simple moving average of GBX 2.13.
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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