GCM Resources Plc (LON:GCM – Get Free Report) shares were up 24.1% during mid-day trading on Monday . The stock traded as high as GBX 3.60 ($0.05) and last traded at GBX 3.55 ($0.05). Approximately 8,826,601 shares traded hands during mid-day trading, an increase of 462% from the average daily volume of 1,571,740 shares. The stock had previously closed at GBX 2.86 ($0.04).
GCM Resources Stock Up 19.6 %
The company has a 50-day moving average of GBX 1.63 and a 200-day moving average of GBX 2.08. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76. The company has a market capitalization of £10.24 million, a price-to-earnings ratio of -4.78 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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