GCM Resources (LON:GCM) Stock Price Down 2.2% – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report)’s stock price traded down 2.2% during trading on Wednesday . The company traded as low as GBX 5.35 and last traded at GBX 5.38. 328,510 shares were traded during trading, a decline of 84% from the average session volume of 2,097,848 shares. The stock had previously closed at GBX 5.50.

GCM Resources Stock Down 2.2%

The company has a debt-to-equity ratio of 17.40, a current ratio of 0.09 and a quick ratio of 0.11. The business has a 50 day simple moving average of GBX 7.24 and a 200 day simple moving average of GBX 6.86. The company has a market capitalization of £19.81 million, a price-to-earnings ratio of -10.76 and a beta of 0.91.

GCM Resources (LON:GCMGet Free Report) last released its quarterly earnings results on Tuesday, March 31st. The company reported GBX (0.30) EPS for the quarter.

GCM Resources Company Profile

(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. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.

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