GCM Resources (LON:GCM) Stock Price Down 2.7% – Here’s What Happened

GCM Resources Plc (LON:GCMGet Free Report)’s stock price dropped 2.7% during trading on Friday . The company traded as low as GBX 1.80 ($0.02) and last traded at GBX 1.80 ($0.02). Approximately 102,030 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 237,382 shares. The stock had previously closed at GBX 1.85 ($0.02).

GCM Resources Stock Performance

The company has a debt-to-equity ratio of 14.77, a quick ratio of 0.11 and a current ratio of 0.06. The stock has a market cap of £4.97 million, a PE ratio of -180.00 and a beta of 0.73. The company’s 50-day moving average price is GBX 1.96 and its two-hundred day moving average price is GBX 3.07.

GCM Resources Company Profile

(Get Free Report)

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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