Shares of GCM Resources Plc (LON:GCM – Get Free Report) shot up 31.5% during mid-day trading on Tuesday . The company traded as high as GBX 2.60 ($0.03) and last traded at GBX 2.40 ($0.03). 12,352,176 shares were traded during mid-day trading, an increase of 1,175% from the average session volume of 968,563 shares. The stock had previously closed at GBX 1.83 ($0.02).
GCM Resources Stock Down 13.8 %
The stock has a market capitalization of £5.42 million, a P/E ratio of -2.53 and a beta of 0.73. 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 firm’s fifty day moving average is GBX 1.60 and its 200-day moving average is GBX 2.09.
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.
Recommended Stories
- Five stocks we like better than GCM Resources
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Ramaco Resources Pins Hopes on Coal’s Untapped Potential
- Stock Analyst Ratings and Canadian Analyst Ratings
- NVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a Buy
- Stock Dividend Cuts Happen Are You Ready?
- Why Energy Transfer Belongs on Your Watchlist
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.
