Shares of GCM Resources Plc (LON:GCM – Get Free Report) shot up 11.7% on Wednesday . The stock traded as high as GBX 7.37 and last traded at GBX 7.37. 3,321,623 shares were traded during trading, an increase of 106% from the average session volume of 1,610,255 shares. The stock had previously closed at GBX 6.60.
GCM Resources Trading Up 11.7%
The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76. The stock has a market capitalization of £24.78 million, a P/E ratio of -9.21 and a beta of 0.73. The company has a fifty day simple moving average of GBX 6.08 and a two-hundred day simple moving average of GBX 5.08.
GCM Resources (LON:GCM – Get 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
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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