GCM Resources (LON:GCM) Insider Sells £24,542.56 in Stock

Key Points

  • Insider sale: GCM Resources insider Keith Fulton sold 144,368 shares at an average price of GBX 17, generating proceeds of £24,542.56.
  • Stock performance: Shares opened at GBX 14.25, compared with a 52-week range of GBX 2.85 to GBX 21.50. The company’s market capitalization is approximately £53.44 million.
  • Financial profile: GCM Resources reported a negative PE ratio of -28.50, a debt-to-equity ratio of 17.40, and very low liquidity ratios, including a current ratio of 0.09.

GCM Resources Plc (LON:GCM - Get Free Report) insider Keith Fulton sold 144,368 shares of the business's stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of GBX 17, for a total value of £24,542.56.

GCM Resources Price Performance

Shares of GCM opened at GBX 14.25 on Friday. The company's 50-day moving average is GBX 5.42 and its 200-day moving average is GBX 6.37. The company has a debt-to-equity ratio of 17.40, a current ratio of 0.09 and a quick ratio of 0.11. The firm has a market capitalization of £53.44 million, a PE ratio of -28.50 and a beta of 0.71. GCM Resources Plc has a fifty-two week low of GBX 2.85 and a fifty-two week high of GBX 21.50.

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

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