GCM Resources Plc (LON:GCM – Get Free Report)’s share price shot up 37% during mid-day trading on Tuesday . The stock traded as high as GBX 2.55 ($0.03) and last traded at GBX 2.50 ($0.03). 9,873,602 shares were traded during trading, an increase of 976% from the average session volume of 917,979 shares. The stock had previously closed at GBX 1.83 ($0.02).
GCM Resources Stock Performance
The stock has a market cap of £7.28 million, a P/E ratio of -3.40 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 50-day moving average price is GBX 1.59 and its 200-day moving average price is GBX 2.10.
GCM Resources Company Profile
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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