GCM Resources Plc (LON:GCM – Get Free Report)’s share price rose 7.5% during mid-day trading on Thursday . The company traded as high as GBX 4.08 ($0.06) and last traded at GBX 4.08 ($0.06). Approximately 881,378 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 2,225,721 shares. The stock had previously closed at GBX 3.80 ($0.05).
GCM Resources Stock Performance
The business’s fifty day simple moving average is GBX 2.76 and its 200-day simple moving average is GBX 2.24. The firm has a market cap of £12.24 million, a P/E ratio of -5.71 and a beta of 0.73. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76.
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 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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