GCM Resources Plc (LON:GCM – Get Free Report) shares rose 16.1% on Tuesday . The stock traded as high as GBX 4.20 and last traded at GBX 3.60. Approximately 44,026,863 shares changed hands during mid-day trading, an increase of 2,255% from the average daily volume of 1,869,719 shares. The stock had previously closed at GBX 3.10.
GCM Resources Trading Up 16.1%
The company has a market cap of £13.50 million, a P/E ratio of -7.20 and a beta of 0.72. The company has a quick ratio of 0.11, a current ratio of 0.09 and a debt-to-equity ratio of 17.40. The business has a 50-day moving average price of GBX 4.20 and a two-hundred day moving average price of GBX 6.29.
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. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.
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