Shares of GCM Resources Plc (LON:GCM – Get Free Report) rose 6.6% during mid-day trading on Saturday . The company traded as high as GBX 8 ($0.11) and last traded at GBX 6.50 ($0.09). Approximately 3,977,015 shares traded hands during mid-day trading, an increase of 108% from the average daily volume of 1,914,644 shares. The stock had previously closed at GBX 6.10 ($0.08).
GCM Resources Price Performance
The company has a market capitalization of £21.86 million, a price-to-earnings ratio of -812.50 and a beta of 0.73. 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 business has a fifty day moving average price of GBX 4.97 and a 200 day moving average price of GBX 3.48.
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.
Further Reading
- Five stocks we like better than GCM Resources
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Auto Tariffs Are Coming Down: 3 Stocks to Benefit Soon
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Tencent Music Stock Outshines Spotify as China’s Music Giant
- Retail Stocks Investing, Explained
- DICKS’s Sporting Goods Stock Dropped After Earnings—Is It a Buy?
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.
