Shares of GCM Resources Plc (LON:GCM – Get Free Report) shot up 4.4% on Monday . The stock traded as high as GBX 2.77 ($0.04) and last traded at GBX 2.77 ($0.04). 1,797,498 shares changed hands during mid-day trading, a decline of 35% from the average session volume of 2,765,730 shares. The stock had previously closed at GBX 2.65 ($0.03).
GCM Resources Trading Up 4.4 %
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 firm’s 50-day simple moving average is GBX 3.67 and its 200 day simple moving average is GBX 5.43. The stock has a market capitalization of £7.64 million, a P/E ratio of -265.00 and a beta of 0.73.
About GCM Resources
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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