GCM Resources (LON:GCM) Shares Down 15.2% – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report)’s share price was down 15.2% during mid-day trading on Thursday . The stock traded as low as GBX 5.55 and last traded at GBX 5.60. Approximately 2,641,279 shares traded hands during mid-day trading, an increase of 67% from the average daily volume of 1,585,652 shares. The stock had previously closed at GBX 6.60.

GCM Resources Stock Performance

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 company has a market cap of £20.01 million, a P/E ratio of -8.50 and a beta of 0.73. The business’s 50 day simple moving average is GBX 6.04 and its 200 day simple moving average is GBX 5.42.

GCM Resources (LON:GCMGet Free Report) last announced its quarterly earnings data 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.

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