GCM Resources Plc (LON:GCM – Get Free Report) shares dropped 11.1% during mid-day trading on Wednesday . The company traded as low as GBX 4.80 and last traded at GBX 4.80. Approximately 869,819 shares changed hands during trading, a decline of 54% from the average daily volume of 1,889,470 shares. The stock had previously closed at GBX 5.40.
GCM Resources Trading Down 5.6%
The stock has a fifty day moving average of GBX 6.56 and a 200-day moving average of GBX 6.88. The company has a debt-to-equity ratio of 17.40, a quick ratio of 0.11 and a current ratio of 0.09. The company has a market cap of £18.78 million, a PE ratio of -10.20 and a beta of 0.91.
GCM Resources (LON:GCM – Get Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The company reported GBX (0.30) earnings per share (EPS) for the quarter.
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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