GCM Resources (LON:GCM) Trading 13% Higher – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report) traded up 13% on Friday . The stock traded as high as GBX 6.50 and last traded at GBX 6.50. 1,135,569 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 1,603,672 shares. The stock had previously closed at GBX 5.75.

GCM Resources Stock Down 4.3%

The stock has a fifty day moving average price of GBX 6.06 and a 200-day moving average price of GBX 5.01. The firm has a market cap of £18.51 million, a PE ratio of -6.88 and a beta of 0.73. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20.

GCM Resources (LON:GCMGet Free Report) last posted its quarterly earnings results on Friday, November 21st. The company reported GBX (0.70) EPS for the quarter.

GCM Resources Company Profile

(Get Free Report)

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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