GCM Resources (LON:GCM) Hits New 1-Year Low – Here’s Why

GCM Resources Plc (LON:GCMGet Free Report)’s share price reached a new 52-week low on Wednesday . The stock traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.80 ($0.02), with a volume of 295237 shares trading hands. The stock had previously closed at GBX 1.65 ($0.02).

GCM Resources Price Performance

The firm has a market cap of £4.70 million, a price-to-earnings ratio of -170.00 and a beta of 0.73. The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 14.77. The stock’s fifty day moving average price is GBX 1.78 and its 200-day moving average price is GBX 2.68.

GCM Resources (LON:GCMGet Free Report) last issued its quarterly earnings data on Tuesday, November 19th. The company reported GBX (0.60) (($0.01)) earnings per share for the quarter.

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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