GCM Resources (LON:GCM) Trading Up 52.6% – Here’s What Happened

GCM Resources Plc (LON:GCMGet Free Report)’s share price traded up 52.6% on Friday . The company traded as high as GBX 2.90 ($0.04) and last traded at GBX 2.90 ($0.04). Approximately 5,357,766 shares traded hands during trading, an increase of 278% from the average session volume of 1,419,120 shares. The stock had previously closed at GBX 1.90 ($0.02).

GCM Resources Price Performance

The firm has a market cap of £8.56 million, a P/E ratio of -4.00 and a beta of 0.73. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76. The firm has a 50-day simple moving average of GBX 1.63 and a 200-day simple moving average of GBX 2.09.

GCM Resources Company Profile

(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.

Further Reading

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