GCM Resources (LON:GCM) Trading 5.4% Higher – Still a Buy?

GCM Resources Plc (LON:GCMGet Free Report)’s share price was up 5.4% during trading on Friday . The stock traded as high as GBX 6.50 and last traded at GBX 6.06. Approximately 1,098,774 shares traded hands during trading, a decline of 31% from the average daily volume of 1,603,510 shares. The stock had previously closed at GBX 5.75.

GCM Resources Trading Down 4.3%

The company has a fifty day simple moving average of GBX 6.06 and a two-hundred day simple moving average of GBX 5.01. The stock has a market capitalization of £18.51 million, a P/E ratio of -6.88 and a beta of 0.73. The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76.

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

About GCM Resources

(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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