GCM Resources Plc (LON:GCM – Get Free Report) shares fell 9% during mid-day trading on Thursday . The company traded as low as GBX 4.14 ($0.05) and last traded at GBX 4.28 ($0.06). 3,520,907 shares traded hands during trading, an increase of 46% from the average session volume of 2,405,423 shares. The stock had previously closed at GBX 4.70 ($0.06).
GCM Resources Trading Down 11.3 %
The firm has a 50 day simple moving average of GBX 1.96 and a 200 day simple moving average of GBX 2.13. The firm has a market cap of £12.49 million, a P/E ratio of -5.83 and a beta of 0.73. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20.
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.
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