GCM Resources Plc (LON:GCM – Get Free Report)’s share price dropped 11.8% on Wednesday . The stock traded as low as GBX 1.60 ($0.02) and last traded at GBX 1.68 ($0.02). Approximately 664,684 shares traded hands during trading, a decline of 70% from the average daily volume of 2,235,693 shares. The stock had previously closed at GBX 1.90 ($0.02).
GCM Resources Price Performance
The company has a debt-to-equity ratio of 14.77, a current ratio of 0.06 and a quick ratio of 0.11. The business has a fifty day moving average of GBX 2.22 and a 200 day moving average of GBX 3.56. The stock has a market cap of £4.63 million, a PE ratio of -180.50 and a beta of 0.73.
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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