Shares of GCM Resources Plc (LON:GCM – Get Free Report) dropped 23.5% on Friday . The stock traded as low as GBX 2.70 ($0.03) and last traded at GBX 2.75 ($0.04). Approximately 50,388,043 shares were traded during trading, an increase of 1,446% from the average daily volume of 3,259,400 shares. The stock had previously closed at GBX 3.60 ($0.05).
GCM Resources Stock Down 23.5 %
The stock has a market cap of £8.25 million, a PE ratio of -3.85 and a beta of 0.73. The business has a 50-day moving average price of GBX 2 and a 200-day moving average price of GBX 2.14. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76.
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.
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