GCM Resources Plc (LON:GCM – Get Free Report) shot up 5% on Tuesday . The company traded as high as GBX 4.68 ($0.06) and last traded at GBX 4.20 ($0.05). 11,819,897 shares traded hands during trading, an increase of 455% from the average session volume of 2,129,196 shares. The stock had previously closed at GBX 4 ($0.05).
GCM Resources Stock Down 11.3 %
The firm’s fifty day moving average is GBX 1.96 and its two-hundred day moving average is GBX 2.13. The firm has a market cap of £12.49 million, a price-to-earnings ratio of -5.83 and a beta of 0.73. The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11.
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.
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