GCM Resources Plc (LON:GCM – Get Free Report)’s share price dropped 22.2% on Friday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 2.80 ($0.04). Approximately 38,714,473 shares traded hands during trading, an increase of 1,161% from the average daily volume of 3,071,117 shares. The stock had previously closed at GBX 3.60 ($0.05).
GCM Resources Stock Performance
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 company has a market capitalization of £8.39 million, a price-to-earnings ratio of -3.91 and a beta of 0.73. The stock has a fifty day moving average price of GBX 2 and a two-hundred day moving average price of GBX 2.14.
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.
Recommended Stories
- Five stocks we like better than GCM Resources
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Top 3 Beverage Stocks Pouring Out Profits
- What is a penny stock? A comprehensive guide
- CarMax and Carvana: Steering the Used Car Market
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.
