Shares of GCM Resources Plc (LON:GCM – Get Free Report) shot up 2.6% during mid-day trading on Friday . The company traded as high as GBX 6.50 and last traded at GBX 5.90. 1,118,093 shares changed hands during mid-day trading, a decline of 30% from the average session volume of 1,603,596 shares. The stock had previously closed at GBX 5.75.
GCM Resources Trading Up 13.0%
The stock has a 50-day simple moving average of GBX 6.08 and a 200 day simple moving average of GBX 4.97. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76. The company has a market cap of £21.86 million, a price-to-earnings ratio of -8.13 and a beta of 0.73.
GCM Resources (LON:GCM – Get Free Report) last announced its quarterly earnings data 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.
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