Shares of GCM Resources Plc (LON:GCM – Get Free Report) dropped 2.7% during mid-day trading on Friday . The stock traded as low as GBX 1.80 ($0.02) and last traded at GBX 1.80 ($0.02). Approximately 102,030 shares traded hands during trading, a decline of 57% from the average daily volume of 237,382 shares. The stock had previously closed at GBX 1.85 ($0.02).
GCM Resources Price Performance
The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 14.77. The business’s fifty day moving average is GBX 1.96 and its 200 day moving average is GBX 3.07. The company has a market cap of £4.97 million, a P/E ratio of -180.00 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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