The stock of GCM Resources PLC (LON:GCM) is a huge mover today! The stock increased 262.50% or GBX 36.75 on November 11, hitting GBX 50.75. About 4.10 million shares traded hands or 9548.65% up from the average. GCM Resources PLC (LON:GCM) has risen 800.00% since April 14, 2016 and is uptrending. It has outperformed by 793.85% the S&P500.
The move comes after 9 months positive chart setup for the GBX 33.84M company. It was reported on Nov, 11 by Barchart.com. We have GBX 141.09 PT which if reached, will make LON:GCM worth GBX 60.24M more.
More news for GCM Resources PLC (LON:GCM) were recently published by: Uk.Finance.Yahoo.com, which released: “GCM Resources Plc (GCM.L)” on March 10, 2014. Fool.Co.Uk‘s article titled: “Why Are Traders Moving GCM Resources PLC, Energy Assets Group PLC And SolGold plc?” and published on April 18, 2016 is yet another important article.
GCM Resources plc is a United Kingdom exploration and development company. The company has a market cap of 33.84 million GBP. The Company’s principal activity, through its subsidiaries, is the development of the Phulbari Coal Project in Bangladesh. It currently has negative earnings. The Firm operates through the exploration and evaluation of energy related projects segment.
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