GCM Resources (LON:GCM) Stock Price Down 3.2% – Should You Sell?

Shares of GCM Resources Plc (LON:GCMGet Free Report) fell 3.2% during trading on Tuesday . The stock traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.50 ($0.02). 716,149 shares changed hands during mid-day trading, an increase of 16% from the average session volume of 618,658 shares. The stock had previously closed at GBX 1.55 ($0.02).

GCM Resources Stock Performance

The stock has a market capitalization of £4.34 million, a P/E ratio of -2.03 and a beta of 0.73. The firm has a 50-day moving average of GBX 1.69 and a 200 day moving average of GBX 2.31. The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76.

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 (EPS) 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.

Further Reading

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