GCM Resources (LON:GCM) Shares Down 9.8% – Here’s What Happened

GCM Resources Plc (LON:GCMGet Free Report)’s stock price was down 9.8% on Friday . The company traded as low as GBX 2.01 ($0.03) and last traded at GBX 2.03 ($0.03). Approximately 2,386,710 shares were traded during trading, an increase of 3% from the average daily volume of 2,309,472 shares. The stock had previously closed at GBX 2.25 ($0.03).

GCM Resources Trading Up 3.9%

The business has a 50-day moving average price of GBX 2.78 and a two-hundred day moving average price of GBX 2.11. The stock has a market capitalization of £6.38 million, a P/E ratio of -2.98 and a beta of 0.73. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76.

GCM Resources (LON:GCMGet Free Report) last posted its quarterly earnings results on Monday, March 31st. The company reported GBX (0.50) (($0.01)) EPS for the quarter.

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.

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