GCM Resources Plc (LON:GCM – Get Free Report) shares were down 10.5% during trading on Tuesday . The company traded as low as GBX 16.60 and last traded at GBX 17. 19,744,203 shares traded hands during trading, an increase of 598% from the average session volume of 2,827,169 shares. The stock had previously closed at GBX 19.
GCM Resources Trading Down 10.5%
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 cap of £63.75 million, a PE ratio of -34.00 and a beta of 0.71. The business’s 50-day simple moving average is GBX 4.78 and its 200-day simple moving average is GBX 6.24.
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. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.
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