Shares of GCM Resources Plc (LON:GCM – Get Free Report) fell 9.2% during mid-day trading on Wednesday . The company traded as low as GBX 2.16 ($0.03) and last traded at GBX 2.16 ($0.03). 1,277,051 shares changed hands during trading, a decline of 45% from the average session volume of 2,327,961 shares. The stock had previously closed at GBX 2.38 ($0.03).
GCM Resources Price Performance
The stock’s 50-day moving average is GBX 2.75 and its 200 day moving average is GBX 2.12. The stock has a market capitalization of £6.53 million, a PE ratio of -3.05 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.
GCM Resources (LON:GCM – Get Free Report) last posted its earnings results on Monday, March 31st. The company reported GBX (0.50) (($0.01)) EPS for the quarter.
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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