GCM Resources Plc (LON:GCM – Get Free Report)’s share price rose 31.5% during trading on Tuesday . The company traded as high as GBX 2.85 ($0.04) and last traded at GBX 2.40 ($0.03). Approximately 8,052,865 shares traded hands during trading, an increase of 814% from the average daily volume of 880,821 shares. The stock had previously closed at GBX 1.83 ($0.02).
GCM Resources Trading Down 0.2 %
The firm has a market cap of £6.27 million, a P/E ratio of -2.93 and a beta of 0.73. The stock has a 50 day simple moving average of GBX 1.60 and a 200-day simple moving average of GBX 2.09. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76.
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.
Further Reading
- Five stocks we like better than GCM Resources
- 3 Warren Buffett Stocks to Buy Now
- Ramaco Resources Pins Hopes on Coal’s Untapped Potential
- What is Put Option Volume?
- NVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a Buy
- What is the Dogs of the Dow Strategy? Overview and Examples
- 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.