GCM Resources (LON:GCM) Trading Up 12.6% – What’s Next?

GCM Resources Plc (LON:GCM)’s share price traded up 12.6% during trading on Tuesday . The company traded as high as GBX 2.70 ($0.03) and last traded at GBX 2.70 ($0.03). 3,343,043 shares traded hands during trading, an increase of 25% from the average session volume of 2,672,458 shares. The stock had previously closed at GBX 2.40 ($0.03).

GCM Resources Stock Performance

The firm has a market cap of £8.07 million, a PE ratio of -3.77 and a beta of 0.73. The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76. The company has a 50-day simple moving average of GBX 2.13 and a two-hundred day simple moving average of GBX 2.12.

GCM Resources (LON:GCM) last issued its quarterly earnings results on Monday, March 31st. The company reported GBX (0.50) (($0.01)) earnings per share for the quarter.

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.