GCM Resources (LON:GCM) Sets New 52-Week Low – Time to Sell?

GCM Resources Plc (LON:GCMGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as GBX 3.50 and last traded at GBX 3.66, with a volume of 485764 shares changing hands. The stock had previously closed at GBX 3.65.

GCM Resources Stock Performance

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 company has a market cap of £13.48 million, a price-to-earnings ratio of -7.32 and a beta of 0.72. The stock has a 50-day moving average price of GBX 4.98 and a 200 day moving average price of GBX 6.57.

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

About GCM Resources

(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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