GCM Resources (LON:GCM) Hits New 52-Week Low – Here’s Why

GCM Resources Plc (LON:GCMGet Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.51 ($0.02), with a volume of 1589599 shares traded. The stock had previously closed at GBX 1.60 ($0.02).

GCM Resources Stock Up 2.4 %

The company has a fifty day moving average price of GBX 1.81 and a 200 day moving average price of GBX 2.81. The company has a market cap of £4.53 million, a PE ratio of -163.80 and a beta of 0.73. The company has a debt-to-equity ratio of 14.77, a current ratio of 0.06 and a quick ratio of 0.11.

About GCM Resources

(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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