Shares of GCM Resources Plc (LON:GCM – Get Free Report) were up 15.9% during mid-day trading on Tuesday . The stock traded as high as GBX 5.05 ($0.07) and last traded at GBX 4.87 ($0.06). Approximately 20,789,832 shares changed hands during mid-day trading, an increase of 759% from the average daily volume of 2,421,299 shares. The stock had previously closed at GBX 4.20 ($0.05).
GCM Resources Price Performance
The stock has a market cap of £10.48 million, a P/E ratio of -4.89 and a beta of 0.73. The business has a 50 day simple moving average of GBX 1.96 and a 200-day simple moving average of GBX 2.13. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20.
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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