Shares of GCM Resources Plc (LON:GCM – Get Free Report) rose 38.9% on Monday . The stock traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.95 ($0.03). Approximately 7,452,965 shares changed hands during mid-day trading, an increase of 936% from the average daily volume of 719,721 shares. The stock had previously closed at GBX 1.40 ($0.02).
GCM Resources Price Performance
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 has a fifty day moving average of GBX 1.60 and a two-hundred day moving average of GBX 2.10. The stock has a market capitalization of £7.38 million, a P/E ratio of -3.45 and a beta of 0.73.
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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