GCM Resources Plc (LON:GCM – Get Free Report)’s stock price dropped 4.7% on Wednesday . The stock traded as low as GBX 4 and last traded at GBX 4.10. Approximately 557,624 shares were traded during trading, a decline of 68% from the average daily volume of 1,741,630 shares. The stock had previously closed at GBX 4.30.
GCM Resources Stock Down 4.7%
The business’s 50-day moving average price is GBX 5.31 and its 200-day moving average price is GBX 6.69. 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 firm has a market capitalization of £15.10 million, a PE ratio of -8.20 and a beta of 0.72.
GCM Resources (LON:GCM – Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The company reported GBX (0.30) 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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