GCM Resources (LON:GCM) Reaches New 12-Month Low – Time to Sell?

Shares of GCM Resources Plc (LON:GCMGet Free Report) reached a new 52-week low during trading on Friday . The company traded as low as GBX 1.56 ($0.02) and last traded at GBX 1.68 ($0.02), with a volume of 1103248 shares trading hands. The stock had previously closed at GBX 1.65 ($0.02).

GCM Resources Trading Up 1.8 %

The firm’s 50 day moving average is GBX 1.88 and its 200 day moving average is GBX 2.94. 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 company has a market cap of £4.64 million, a PE ratio of -168.00 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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