GCM Resources Plc (LON:GCM – Get Free Report) dropped 8.5% during mid-day trading on Thursday . The company traded as low as GBX 4 ($0.05) and last traded at GBX 4.30 ($0.06). Approximately 4,854,185 shares were traded during mid-day trading, an increase of 100% from the average daily volume of 2,427,280 shares. The stock had previously closed at GBX 4.70 ($0.06).
GCM Resources Stock Performance
The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20. The stock’s 50 day moving average price is GBX 2.02 and its 200 day moving average price is GBX 2.14. The company has a market capitalization of £8.18 million, a P/E ratio of -3.82 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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