GCM Resources Plc (LON:GCM – Get Free Report)’s share price dropped 10.8% on Wednesday . The stock traded as low as GBX 3.03 ($0.04) and last traded at GBX 3.03 ($0.04). Approximately 3,122,322 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 2,761,479 shares. The stock had previously closed at GBX 3.40 ($0.05).
GCM Resources Stock Down 10.8 %
The stock has a market capitalization of £8.38 million, a P/E ratio of -342.00 and a beta of 0.73. The stock has a 50 day moving average price of GBX 3.36 and a 200-day moving average price of GBX 5.42. The company has a debt-to-equity ratio of 14.77, a current ratio of 0.06 and a quick ratio of 0.11.
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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