Shares of GCM Resources Plc (LON:GCM – Get Free Report) were up 31.5% on Tuesday . The stock traded as high as GBX 2.60 ($0.03) and last traded at GBX 2.40 ($0.03). Approximately 12,352,176 shares changed hands during mid-day trading, an increase of 1,175% from the average daily volume of 968,563 shares. The stock had previously closed at GBX 1.83 ($0.02).
GCM Resources Stock Performance
The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76. The stock has a fifty day moving average price of GBX 1.59 and a 200-day moving average price of GBX 2.10. The firm has a market cap of £7.19 million, a price-to-earnings ratio of -3.35 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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