GCM Resources Plc (LON:GCM – Get Free Report) shares fell 23.5% during trading on Friday . The company traded as low as GBX 2.70 ($0.03) and last traded at GBX 2.75 ($0.04). 50,388,043 shares were traded during trading, an increase of 1,446% from the average session volume of 3,259,400 shares. The stock had previously closed at GBX 3.60 ($0.05).
GCM Resources Trading Down 24.2 %
The firm has a market cap of £8.18 million, a P/E ratio of -3.82 and a beta of 0.73. The company’s 50 day moving average is GBX 2.02 and its two-hundred day moving average is GBX 2.14. The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11.
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.
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