GCM Resources (LON:GCM) Shares Up 6.7% – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report)’s stock price traded up 6.7% on Monday . The stock traded as high as GBX 3 ($0.04) and last traded at GBX 2.90 ($0.04). 41,857,777 shares were traded during mid-day trading, an increase of 1,184% from the average session volume of 3,260,009 shares. The stock had previously closed at GBX 2.72 ($0.04).

GCM Resources Trading Up 2.9 %

The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20. The stock has a market cap of £8.39 million, a P/E ratio of -3.91 and a beta of 0.73. The stock has a 50-day moving average price of GBX 2.02 and a 200-day moving average price of GBX 2.13.

About GCM Resources

(Get Free Report)

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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