GCM Resources Plc (LON:GCM – Get Free Report)’s stock price traded up 42.3% during trading on Monday . The company traded as high as GBX 18.84 and last traded at GBX 18. Approximately 5,899,283 shares were traded during mid-day trading, an increase of 79% from the average daily volume of 3,291,665 shares. The stock had previously closed at GBX 12.65.
GCM Resources Trading Up 42.3%
The firm has a market capitalization of £68.01 million, a PE ratio of -36.00 and a beta of 0.71. The company has a current ratio of 0.09, a quick ratio of 0.11 and a debt-to-equity ratio of 17.40. The business has a fifty day moving average price of GBX 7.59 and a two-hundred day moving average price of GBX 6.75.
Insider Buying and Selling
In related news, insider Keith Fulton sold 144,368 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of GBX 17, for a total transaction of £24,542.56. 0.67% of the stock is owned by insiders.
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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