GCM Resources (GCM)

Sector:

Mining

Index:

FTSE AIM All-Share

6.50p
   
  • Change Today:
    -0.13p
  • 52 Week High: 10.00
  • 52 Week Low: 0.90
  • Currency: UK Pounds
  • Shares Issued: 276.37m
  • Volume: 2,487,691
  • Market Cap: £17.96m
  • RiskGrade: 517

GCM Resources disposes of stake in Polo Resources

Date: Friday 01 Feb 2013

LONDON (ShareCast) - London-based mining company GCM Resources announced Friday it sold its investment in Polo Resources.

The group’s 74.8m shares in Polo, representing a 2.7% stake, were sold as one block to an undisclosed Malaysian investor for £1.9m.

GCM made a total return, including dividends, of £2.8m on its original investment.

The news comes after the resignation of Director Graham Taggart, reported Wednesday.

GCM is engaged in the development of the Phulbari coal project in Bangladesh.

Shares fell 0.79% to 31.50p at 09:43 Friday.

RD

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GCM Resources Market Data

Currency UK Pounds
Share Price 6.50p
Change Today -0.13p
% Change -1.89 %
52 Week High 10.00
52 Week Low 0.90
Volume 2,487,691
Shares Issued 276.37m
Market Cap £17.96m
RiskGrade 517

GCM Resources Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.34% above the market average52.34% above the market average52.34% above the market average52.34% above the market average52.34% above the market average
73.13% above the sector average73.13% above the sector average73.13% above the sector average73.13% above the sector average73.13% above the sector average
Price Trend
97.12% above the market average97.12% above the market average97.12% above the market average97.12% above the market average97.12% above the market average
97.24% above the sector average97.24% above the sector average97.24% above the sector average97.24% above the sector average97.24% above the sector average
Income Not Available
Growth Not Available

GCM Resources Dividends

No dividends found

Trades for 03-May-2024

Time Volume / Share Price
16:35 20,000 @ 6.50p
16:35 6,819 @ 6.50p
16:35 13,181 @ 6.50p
16:26 3,700 @ 6.45p
16:14 20,000 @ 6.37p

GCM Resources Key Personnel

Finance Director Keith Fulton

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