GCM Resources Plc (LON:GCM – Get Free Report) traded up 33.6% during mid-day trading on Monday . The stock traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.87 ($0.02). 7,967,525 shares traded hands during mid-day trading, an increase of 991% from the average session volume of 730,441 shares. The stock had previously closed at GBX 1.40 ($0.02).
GCM Resources Stock Performance
The business has a 50-day moving average price of GBX 1.60 and a 200-day moving average price of GBX 2.10. 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 £7.43 million, a price-to-earnings ratio of -3.47 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.
See Also
- Five stocks we like better than GCM Resources
- What Are Some of the Best Large-Cap Stocks to Buy?
- Why Energy Transfer Belongs on Your Watchlist
- Bank Stocks – Best Bank Stocks to Invest In
- Why Wayfair Stock May Be a Hidden Gem for Value Investors
- What is Insider Trading? What You Can Learn from Insider Trading
- 3 Investments to Consider as China’s Market Heats Up
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.
