GCM Resources Plc (LON:GCM – Get Free Report) shot up 42.9% on Monday . The stock traded as high as GBX 2 ($0.03) and last traded at GBX 2 ($0.03). 2,858,347 shares changed hands during mid-day trading, an increase of 358% from the average session volume of 624,000 shares. The stock had previously closed at GBX 1.40 ($0.02).
GCM Resources Price Performance
The company has a market capitalization of £7.38 million, a price-to-earnings ratio of -3.45 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 business has a fifty day moving average price of GBX 1.60 and a 200 day moving average price of 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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