Shares of GCM Resources Plc (LON:GCM – Get Free Report) rose 42.9% during trading on Friday . The company traded as high as GBX 4.40 ($0.06) and last traded at GBX 4 ($0.05). 11,307,676 shares traded hands during mid-day trading, an increase of 481% from the average session volume of 1,944,845 shares. The stock had previously closed at GBX 2.80 ($0.04).
GCM Resources Stock Performance
The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20. The firm has a market cap of £11.98 million, a P/E ratio of -5.59 and a beta of 0.73. The company’s 50 day moving average is GBX 1.73 and its 200 day moving average is GBX 2.08.
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.
Featured Stories
- Five stocks we like better than GCM Resources
- How to Short a Stock in 5 Easy Steps
- FedEx Delivers Another Crushing Blow to Its Stock Price
- What Are the FAANG Stocks and Are They Good Investments?
- Analysts Stay Bullish on Rocket Lab as Signs of a Bottom Emerge
- The 3 Best Fintech Stocks to Buy Now
- Micron Stock Will Retest All-Time Highs This Year
Receive News & Ratings for GCM Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCM Resources and related companies with MarketBeat.com's FREE daily email newsletter.
