GCM Resources (LON:GCM) Stock Price Up 10.5% – Here’s What Happened

GCM Resources Plc (LON:GCMGet Free Report)’s share price traded up 10.5% during trading on Monday . The stock traded as high as GBX 2.65 ($0.03) and last traded at GBX 2.65 ($0.03). 2,637,843 shares were traded during mid-day trading, a decline of 1% from the average session volume of 2,662,087 shares. The stock had previously closed at GBX 2.40 ($0.03).

GCM Resources Stock Performance

The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76. The company’s 50-day moving average price is GBX 2.11 and its two-hundred day moving average price is GBX 2.12. The company has a market cap of £8.09 million, a P/E ratio of -3.77 and a beta of 0.73.

GCM Resources (LON:GCMGet Free Report) last posted its quarterly earnings results on Monday, March 31st. The company reported GBX (0.50) (($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.

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