GCM Resources Plc (LON:GCM – Get Free Report) shares fell 10.1% on Wednesday . The company traded as low as GBX 3.10 and last traded at GBX 3.10. 536,101 shares traded hands during trading, a decline of 67% from the average daily volume of 1,628,757 shares. The stock had previously closed at GBX 3.45.
GCM Resources Stock Performance
The company has a market cap of £11.62 million, a PE ratio of -6.20 and a beta of 0.72. The company has a debt-to-equity ratio of 17.40, a quick ratio of 0.11 and a current ratio of 0.09. The firm’s 50 day moving average is GBX 4.64 and its 200-day moving average is GBX 6.47.
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. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.
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