GCM Resources Plc (LON:GCM – Get Free Report) shares were up 35.1% during trading on Tuesday . The company traded as high as GBX 2.80 ($0.04) and last traded at GBX 2.47 ($0.03). Approximately 21,580,945 shares were traded during trading, an increase of 1,765% from the average daily volume of 1,156,905 shares. The stock had previously closed at GBX 1.83 ($0.02).
GCM Resources Price Performance
The business has a 50-day simple moving average of GBX 1.59 and a 200 day simple moving average of GBX 2.10. The firm has a market cap of £7.38 million, a P/E ratio of -3.45 and a beta of 0.73. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20.
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.
Read More
- Five stocks we like better than GCM Resources
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- NVIDIA Stock Remains Stunningly Undervalued—Here’s Why
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy
- 5 Top Rated Dividend Stocks to Consider
- U.S. Stocks Sink, Foreign Markets Soar: 3 ETFs to Ride the Wave
Receive News & Ratings for GCM Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCM Resources and related companies with MarketBeat.com's FREE daily email newsletter.
