GCM Resources Plc (LON:GCM – Get Free Report) shares shot up 6.5% during mid-day trading on Tuesday . The company traded as high as GBX 3.30 ($0.04) and last traded at GBX 3.30 ($0.04). 1,995,868 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 2,738,340 shares. The stock had previously closed at GBX 3.10 ($0.04).
GCM Resources Trading Up 12.9 %
The company’s 50 day moving average price is GBX 3.40 and its two-hundred day moving average price is GBX 5.42. The firm has a market cap of £9.67 million, a PE ratio of -310.00 and a beta of 0.73. The company has a quick ratio of 0.11, a current ratio of 0.06 and a debt-to-equity ratio of 14.77.
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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