GCM Resources Plc (LON:GCM – Get Free Report)’s stock price shot up 5.8% during trading on Wednesday . The stock traded as high as GBX 1.94 ($0.02) and last traded at GBX 1.90 ($0.02). 1,476,054 shares were traded during mid-day trading, a decline of 36% from the average session volume of 2,304,089 shares. The stock had previously closed at GBX 1.80 ($0.02).
GCM Resources Stock Up 9.7 %
The firm’s fifty day simple moving average is GBX 2.45 and its two-hundred day simple moving average is GBX 3.83. The company has a market capitalization of £5.46 million, a price-to-earnings ratio of -193.70 and a beta of 0.73. The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 14.77.
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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