Shares of GCM Resources Plc (LON:GCM – Get Free Report) shot up 50.5% during trading on Saturday . The company traded as high as GBX 3 ($0.04) and last traded at GBX 2.86 ($0.04). 6,413,438 shares changed hands during trading, an increase of 346% from the average session volume of 1,439,421 shares. The stock had previously closed at GBX 1.90 ($0.02).
GCM Resources Trading Up 50.5 %
The stock has a market cap of £8.56 million, a P/E ratio of -4.00 and a beta of 0.73. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76. The stock’s fifty day moving average price is GBX 1.63 and its 200 day moving average price is GBX 2.09.
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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