GCM Resources Plc (LON:GCM – Get Free Report) shares traded down 10.6% on Thursday . The company traded as low as GBX 7.50 and last traded at GBX 7.60. 1,626,443 shares changed hands during trading, an increase of 5% from the average session volume of 1,549,000 shares. The stock had previously closed at GBX 8.50.
GCM Resources Stock Performance
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 stock’s 50-day moving average price is GBX 6.10 and its 200-day moving average price is GBX 5.87. The company has a market cap of £20.85 million, a P/E ratio of -8.86 and a beta of 0.73.
GCM Resources (LON:GCM – Get Free Report) last released its quarterly earnings results on Friday, November 21st. The company reported GBX (0.70) 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. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.
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