GCM Resources (LON:GCM) Reaches New 1-Year Low – Time to Sell?

GCM Resources Plc (LON:GCMGet Free Report)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as GBX 1.56 ($0.02) and last traded at GBX 1.68 ($0.02), with a volume of 1103248 shares changing hands. The stock had previously closed at GBX 1.65 ($0.02).

GCM Resources Price Performance

The company has a market capitalization of £4.64 million, a price-to-earnings ratio of -168.00 and a beta of 0.73. The firm has a 50-day simple moving average of GBX 1.90 and a two-hundred day simple moving average of GBX 2.97. The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 14.77.

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.

Further Reading

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