GCM Resources (LON:GCM) Stock Price Down 10.8%

GCM Resources Plc (LON:GCMGet Free Report)’s share price traded down 10.8% on Wednesday . The company traded as low as GBX 3.03 ($0.04) and last traded at GBX 3.03 ($0.04). 3,122,322 shares changed hands during mid-day trading, an increase of 13% from the average session volume of 2,761,479 shares. The stock had previously closed at GBX 3.40 ($0.05).

GCM Resources Price Performance

The company has a debt-to-equity ratio of 14.77, a current ratio of 0.06 and a quick ratio of 0.11. The business’s fifty day moving average price is GBX 3.28 and its 200-day moving average price is GBX 5.40. The stock has a market capitalization of £7.63 million, a price-to-earnings ratio of -282.00 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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