GCM Resources (LON:GCM) Stock Price Up 5.8% – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report) shares shot up 5.8% on Wednesday . The stock traded as high as GBX 1.94 ($0.02) and last traded at GBX 1.90 ($0.02). 1,476,054 shares were traded during trading, a decline of 36% from the average session volume of 2,304,089 shares. The stock had previously closed at GBX 1.80 ($0.02).

GCM Resources Stock Performance

The firm has a 50 day moving average price of GBX 2.40 and a two-hundred day moving average price of GBX 3.77. The firm has a market capitalization of £4.98 million, a P/E ratio of -190.00 and a beta of 0.73. The company has a debt-to-equity ratio of 14.77, a quick ratio of 0.11 and a current ratio of 0.06.

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.

Read More

Receive News & Ratings for GCM Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCM Resources and related companies with MarketBeat.com's FREE daily email newsletter.