Shares of GCM Resources Plc (LON:GCM – Get Free Report) shot up 22.4% on Monday . The stock traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.50 ($0.05). 12,403,527 shares traded hands during trading, an increase of 653% from the average session volume of 1,646,291 shares. The stock had previously closed at GBX 2.86 ($0.04).
GCM Resources Stock Performance
The stock has a fifty day moving average of GBX 1.63 and a 200-day moving average of GBX 2.08. The firm has a market capitalization of £9.82 million, a P/E ratio of -4.58 and a beta of 0.73. The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76.
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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