Shares of GCM Resources Plc (LON:GCM – Get Free Report) shot up 33.4% on Monday . The stock traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.87 ($0.02). 8,381,048 shares traded hands during mid-day trading, an increase of 1,034% from the average session volume of 739,056 shares. The stock had previously closed at GBX 1.40 ($0.02).
GCM Resources Stock Performance
The firm has a market cap of £6.45 million, a P/E ratio of -3.01 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 business has a fifty day simple moving average of GBX 1.60 and a 200-day simple moving average of GBX 2.10.
GCM Resources Company Profile
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.
Read More
- Five stocks we like better than GCM Resources
- How to trade penny stocks: A step-by-step guide
- Ramaco Resources Pins Hopes on Coal’s Untapped Potential
- How to trade using analyst ratings
- NVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a Buy
- Health Care Stocks Explained: Why You Might Want to Invest
- Why Energy Transfer Belongs on Your Watchlist
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.
