Shares of GCM Resources Plc (LON:GCM – Get Free Report) shot up 11.8% during mid-day trading on Monday . The stock traded as high as GBX 20.45 and last traded at GBX 19. Approximately 24,963,943 shares traded hands during trading, an increase of 818% from the average session volume of 2,720,366 shares. The stock had previously closed at GBX 17.
GCM Resources Stock Up 11.8%
The firm has a 50-day moving average of GBX 4.49 and a two-hundred day moving average of GBX 6.16. The firm has a market capitalization of £71.25 million, a PE ratio of -38.00 and a beta of 0.66. The company has a current ratio of 0.09, a quick ratio of 0.11 and a debt-to-equity ratio of 17.40.
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. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.
Featured Stories
- Five stocks we like better than GCM Resources
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
- If Boeing Ramps Up Production, These Suppliers May Win Big
- Marvell Takes a Shot a Broadcom’s Throne With Google Deal
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.
