GCM Resources Plc (LON:GCM – Get Free Report) shot up 3.5% during mid-day trading on Friday . The stock traded as high as GBX 5.85 ($0.07) and last traded at GBX 5.69 ($0.07). 4,282,567 shares traded hands during mid-day trading, an increase of 27% from the average session volume of 3,367,364 shares. The stock had previously closed at GBX 5.50 ($0.07).
GCM Resources Trading Up 1.8 %
The firm’s 50-day moving average price is GBX 5.82 and its 200-day moving average price is GBX 4.87. The company has a quick ratio of 0.11, a current ratio of 0.06 and a debt-to-equity ratio of 14.77. The company has a market cap of £15.48 million, a P/E ratio of -560.00 and a beta of 0.86.
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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