Shares of GCM Resources Plc (LON:GCM – Get Free Report) dropped 24.9% during trading on Friday . The company traded as low as GBX 2.70 ($0.03) and last traded at GBX 2.70 ($0.03). Approximately 51,358,863 shares traded hands during mid-day trading, an increase of 1,468% from the average daily volume of 3,275,058 shares. The stock had previously closed at GBX 3.60 ($0.05).
GCM Resources Price Performance
The company has a market capitalization of £8.18 million, a P/E ratio of -3.82 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. The company has a fifty day moving average price of GBX 2.02 and a 200 day moving average price of GBX 2.14.
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.
See Also
- Five stocks we like better than GCM Resources
- Manufacturing Stocks Investing
- MarketBeat Week in Review – 03/24 – 03/28
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
- 3 Ways To Invest In Coffee, Other Than Drinking It
- 4 Healthcare Stocks With Massive Gains—and More to Come
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.
