GCM Resources (LON:GCM) Trading Down 14.7% – What’s Next?

Shares of GCM Resources Plc (LON:GCMGet Free Report) traded down 14.7% during trading on Monday . The company traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.45 ($0.02). 298,186 shares traded hands during trading, a decline of 33% from the average session volume of 442,811 shares. The stock had previously closed at GBX 1.70 ($0.02).

GCM Resources Stock Performance

The company has a market capitalization of £4.28 million, a P/E ratio of -155.00 and a beta of 0.73. The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 14.77. The company’s fifty day moving average is GBX 1.77 and its 200 day moving average is GBX 2.62.

GCM Resources (LON:GCMGet Free Report) last posted its quarterly earnings results on Tuesday, November 19th. The company reported GBX (0.60) (($0.01)) EPS for the quarter.

About GCM Resources

(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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