GCM Resources Plc (LON:GCM – Get Free Report) rose 26.4% during mid-day trading on Monday . The stock traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.77 ($0.02). Approximately 7,775,525 shares changed hands during trading, an increase of 970% from the average daily volume of 726,441 shares. The stock had previously closed at GBX 1.40 ($0.02).
GCM Resources Price Performance
The stock has a market capitalization of £7.69 million, a P/E ratio of -3.59 and a beta of 0.73. The company has a 50 day moving average of GBX 1.60 and a 200-day moving average of GBX 2.10. The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76.
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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