GCM Resources Plc (LON:GCM – Get Free Report) fell 12.1% during mid-day trading on Monday. The company traded as low as GBX 15.25 and last traded at GBX 16.70. Approximately 3,472,253 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 3,323,677 shares. The stock had previously closed at GBX 19.
GCM Resources Stock Down 12.1%
The company has a debt-to-equity ratio of 17.40, a current ratio of 0.09 and a quick ratio of 0.11. The business has a 50 day simple moving average of GBX 12.41 and a 200 day simple moving average of GBX 7.76. The company has a market capitalization of £63.10 million, a price-to-earnings ratio of -33.40 and a beta of 0.71.
Insider Transactions at GCM Resources
In related news, insider Keith Fulton sold 144,368 shares of the stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of GBX 17, for a total transaction of £24,542.56. Insiders own 0.67% of the company’s stock.
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.
Further Reading
- Five stocks we like better than GCM Resources
- Salesforce Just Got a Rare Double Upgrade—What Changed?
- OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors
- China Still Dominates Rare Earths—These 3 U.S. Companies Could Benefit
- 3 REITs That May Win in a Higher Interest Rate Environment
Receive News & Ratings for GCM Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCM Resources and related companies with MarketBeat.com's FREE daily email newsletter.
