Shares of GCM Resources Plc (LON:GCM – Get Free Report) were down 22.2% during mid-day trading on Friday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 2.80 ($0.04). Approximately 38,714,473 shares changed hands during trading, an increase of 1,161% from the average daily volume of 3,071,117 shares. The stock had previously closed at GBX 3.60 ($0.05).
GCM Resources Price Performance
The company has a 50 day simple moving average of GBX 2.02 and a 200 day simple moving average of GBX 2.14. The company has a market capitalization of £8.18 million, a price-to-earnings ratio of -3.82 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.
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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