GCM Resources Plc (LON:GCM – Get Free Report) rose 26.4% during mid-day trading on Monday . The company traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.77 ($0.02). Approximately 7,775,525 shares changed hands during mid-day trading, an increase of 970% from the average daily volume of 726,441 shares. The stock had previously closed at GBX 1.40 ($0.02).
GCM Resources Stock Up 33.6 %
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 company’s 50-day moving average price is GBX 1.59 and its 200 day moving average price is GBX 2.11. The stock has a market capitalization of £5.60 million, a P/E ratio of -2.61 and a beta of 0.73.
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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