GCM Resources Plc (LON:GCM – Get Free Report) shares were down 24.2% during mid-day trading on Saturday . The stock traded as low as GBX 2.70 ($0.03) and last traded at GBX 2.73 ($0.04). Approximately 51,750,059 shares changed hands during trading, an increase of 1,477% from the average daily volume of 3,281,368 shares. The stock had previously closed at GBX 3.60 ($0.05).
GCM Resources Trading Down 24.2 %
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 market cap of £8.18 million, a PE ratio of -3.82 and a beta of 0.73. The company’s 50 day moving average price is GBX 2.02 and its 200 day moving average price is GBX 2.14.
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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