Shares of GCM Resources Plc (LON:GCM – Get Free Report) rose 8.4% during trading on Thursday . The stock traded as high as GBX 5 and last traded at GBX 4.88. Approximately 1,072,710 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 1,649,223 shares. The stock had previously closed at GBX 4.50.
GCM Resources Trading Up 13.9%
The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76. The company’s fifty day moving average price is GBX 6.28 and its two-hundred day moving average price is GBX 4.81. The firm has a market cap of £17.62 million, a PE ratio of -6.55 and a beta of 0.73.
GCM Resources Company Profile
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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