GCM Resources (LON:GCM) Trading 18.9% Higher – Here’s What Happened

Shares of GCM Resources Plc (LON:GCMGet Free Report) traded up 18.9% on Monday . The stock traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.40 ($0.04). 12,515,962 shares were traded during trading, an increase of 659% from the average session volume of 1,648,413 shares. The stock had previously closed at GBX 2.86 ($0.04).

GCM Resources Trading Down 4.3 %

The company has a 50 day moving average of GBX 1.68 and a two-hundred day moving average of GBX 2.08. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20. The stock has a market capitalization of £8.46 million, a PE ratio of -3.95 and a beta of 0.73.

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.

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