GCM Resources Plc (LON:GCM – Get Free Report) shares traded down 24.2% on Saturday . The company traded as low as GBX 2.70 ($0.03) and last traded at GBX 2.73 ($0.04). 51,750,059 shares changed hands during mid-day trading, an increase of 1,477% from the average session volume of 3,281,368 shares. The stock had previously closed at GBX 3.60 ($0.05).
GCM Resources Stock Performance
The firm has a market capitalization of £8.18 million, a price-to-earnings ratio of -3.82 and a beta of 0.73. The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11. The firm’s fifty day moving average is GBX 2.02 and its 200 day moving average is GBX 2.14.
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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