Shares of GCM Resources Plc (LON:GCM – Get Free Report) were down 25.5% on Thursday . The company traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.50 ($0.05). 10,478,316 shares traded hands during trading, an increase of 316% from the average daily volume of 2,519,479 shares. The stock had previously closed at GBX 4.70 ($0.06).
GCM Resources Trading Down 25.5 %
The company’s 50 day moving average price is GBX 2 and its two-hundred day moving average price is GBX 2.14. The firm has a market cap of £10.48 million, a PE ratio of -4.89 and a beta of 0.73. The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76.
About GCM Resources
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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