GCM Resources (LON:GCM) Trading 28.2% Higher – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report) shares shot up 28.2% on Tuesday . The stock traded as high as GBX 8.27 and last traded at GBX 8.14. 1,891,113 shares were traded during mid-day trading, an increase of 95% from the average session volume of 968,233 shares. The stock had previously closed at GBX 6.35.

GCM Resources Price Performance

The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11. The stock has a market capitalization of £25.83 million, a P/E ratio of -10.97 and a beta of 0.73. The company’s 50 day simple moving average is GBX 5.87 and its two-hundred day simple moving average is GBX 5.79.

GCM Resources (LON:GCMGet Free Report) last posted its earnings results on Friday, November 21st. The company reported GBX (0.70) earnings per share (EPS) for the quarter.

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. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.

Featured Articles

Receive News & Ratings for GCM Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCM Resources and related companies with MarketBeat.com's FREE daily email newsletter.