GCM Resources Plc (LON:GCM – Get Free Report) shares rose 14.4% during mid-day trading on Monday. The stock traded as high as GBX 10 and last traded at GBX 8. Approximately 18,377,582 shares changed hands during mid-day trading, an increase of 455% from the average daily volume of 3,309,599 shares. The stock had previously closed at GBX 6.99.
GCM Resources Stock Performance
The stock has a 50 day simple moving average of GBX 14.34 and a two-hundred day simple moving average of GBX 8.31. 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 company has a market cap of £34.00 million, a PE ratio of -18.00 and a beta of 0.71.
Insider Activity at GCM Resources
In other news, insider Keith Fulton sold 144,368 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of GBX 17, for a total transaction of £24,542.56. 0.67% of the stock is owned by company insiders.
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.
Featured Stories
- Five stocks we like better than GCM Resources
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
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.
