Shares of GCM Resources Plc (LON:GCM – Get Free Report) rose 26.5% during mid-day trading on Thursday . The stock traded as high as GBX 3.60 ($0.05) and last traded at GBX 3.42 ($0.05). Approximately 7,842,239 shares traded hands during mid-day trading, an increase of 245% from the average daily volume of 2,272,866 shares. The stock had previously closed at GBX 2.70 ($0.04).
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 firm has a market cap of £10.93 million, a P/E ratio of -5.10 and a beta of 0.73. The business’s 50-day simple moving average is GBX 2.66 and its 200 day simple moving average is GBX 2.18.
GCM Resources (LON:GCM – Get Free Report) last released its quarterly earnings results on Monday, March 31st. The company reported GBX (0.50) (($0.01)) earnings per share (EPS) 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.
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