GCM Resources Plc (LON:GCM – Get Free Report)’s share price was down 10.1% during trading on Wednesday . The company traded as low as GBX 3.10 and last traded at GBX 3.10. 536,101 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 1,628,757 shares. The stock had previously closed at GBX 3.45.
GCM Resources Stock Down 1.7%
The company has a fifty day simple moving average of GBX 4.53 and a 200-day simple moving average of GBX 6.44. The company has a quick ratio of 0.11, a current ratio of 0.09 and a debt-to-equity ratio of 17.40. The firm has a market cap of £11.43 million, a P/E ratio of -6.09 and a beta of 0.72.
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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