Shares of GCM Resources Plc (LON:GCM – Get Free Report) were up 42.9% during trading on Saturday . The stock traded as high as GBX 4.40 ($0.06) and last traded at GBX 4 ($0.05). Approximately 11,307,676 shares traded hands during trading, an increase of 481% from the average daily volume of 1,944,845 shares. The stock had previously closed at GBX 2.80 ($0.04).
GCM Resources Stock 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 market capitalization of £11.98 million, a price-to-earnings ratio of -5.59 and a beta of 0.73. The firm’s fifty day moving average is GBX 1.78 and its 200 day moving average is GBX 2.09.
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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