Shares of GCM Resources Plc (LON:GCM – Get Free Report) shot up 17.6% during trading on Friday . The stock traded as high as GBX 8 ($0.11) and last traded at GBX 7.18 ($0.10). 3,163,468 shares were traded during trading, an increase of 66% from the average session volume of 1,909,773 shares. The stock had previously closed at GBX 6.10 ($0.08).
GCM Resources Price Performance
The stock has a market capitalization of £21.86 million, a PE ratio of -812.50 and a beta of 0.73. The firm’s 50 day simple moving average is GBX 4.97 and its 200 day simple moving average is GBX 3.47. 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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