GCM Resources (LON:GCM) Reaches New 1-Year Low – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 3.50 and last traded at GBX 3.66, with a volume of 485764 shares changing hands. The stock had previously closed at GBX 3.65.

GCM Resources Price Performance

The firm has a fifty day moving average of GBX 4.90 and a 200 day moving average of GBX 6.55. The company has a current ratio of 0.09, a quick ratio of 0.11 and a debt-to-equity ratio of 17.40. The company has a market capitalization of £12.00 million, a P/E ratio of -6.40 and a beta of 0.72.

About GCM Resources

(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. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.

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