GCM Resources Plc (LON:GCM – Get Free Report)’s share price fell 14.6% on Friday . The company traded as low as GBX 3.50 and last traded at GBX 3.50. 2,818,242 shares were traded during trading, an increase of 50% from the average daily volume of 1,881,107 shares. The stock had previously closed at GBX 4.10.
GCM Resources Stock Down 14.6%
The firm has a fifty day moving average price of GBX 4.06 and a 200-day moving average price of GBX 6.21. 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 cap of £13.12 million, a price-to-earnings ratio of -7.00 and a beta of 0.72.
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
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
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.
