GCM Resources Plc (LON:GCM – Get Free Report) shares dropped 9.8% during mid-day trading on Friday . The company traded as low as GBX 2.01 ($0.03) and last traded at GBX 2.03 ($0.03). Approximately 2,386,710 shares traded hands during trading, an increase of 3% from the average daily volume of 2,309,472 shares. The stock had previously closed at GBX 2.25 ($0.03).
GCM Resources Trading Up 6.7%
The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11. The company has a market cap of £6.55 million, a price-to-earnings ratio of -3.06 and a beta of 0.73. The business’s 50-day simple moving average is GBX 2.78 and its 200-day simple moving average is GBX 2.11.
GCM Resources (LON:GCM – Get Free Report) last announced its earnings results on Monday, March 31st. The company reported GBX (0.50) (($0.01)) earnings per share (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.
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