GCM Resources Plc (LON:GCM – Get Free Report)’s share price was up 37% on Tuesday . The company traded as high as GBX 2.60 ($0.03) and last traded at GBX 2.50 ($0.03). Approximately 13,235,238 shares traded hands during mid-day trading, an increase of 1,242% from the average daily volume of 986,584 shares. The stock had previously closed at GBX 1.83 ($0.02).
GCM Resources Trading Down 2.9 %
The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76. The firm has a market cap of £6.11 million, a price-to-earnings ratio of -2.85 and a beta of 0.73. The business’s fifty day moving average is GBX 1.60 and its two-hundred day moving average is GBX 2.09.
About GCM Resources
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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