GCM Resources Plc (LON:GCM – Get Free Report) shot up 28.2% on Tuesday . The stock traded as high as GBX 8.27 and last traded at GBX 8.14. 1,891,113 shares changed hands during mid-day trading, an increase of 95% from the average session volume of 968,233 shares. The stock had previously closed at GBX 6.35.
GCM Resources Trading Down 6.8%
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 firm has a market capitalization of £26.65 million, a price-to-earnings ratio of -11.32 and a beta of 0.73. The firm’s 50-day simple moving average is GBX 6.01 and its 200 day simple moving average is GBX 5.85.
GCM Resources (LON:GCM – Get Free Report) last posted its quarterly earnings results on Friday, November 21st. The company reported GBX (0.70) earnings per share for the quarter.
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. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.
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