GCM Resources Plc (LON:GCM – Get Free Report)’s share price traded up 14.2% during mid-day trading on Friday . The stock traded as high as GBX 4.60 and last traded at GBX 3.83. Approximately 4,094,527 shares were traded during trading, an increase of 126% from the average daily volume of 1,808,532 shares. The stock had previously closed at GBX 3.35.
GCM Resources Stock Up 14.2%
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 stock has a market cap of £14.34 million, a PE ratio of -7.65 and a beta of 0.72. The firm has a fifty day moving average of GBX 3.70 and a 200 day moving average of GBX 5.98.
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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