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GCM Resources

Current Price 23.10p Bid 23.00p Ask 24.50p Change 2.15%
Last Updated: 25/05/2019 22:53. Prices delayed by at least 15 minutes.
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Company Overview

GCM Resources plc (formerly Global Coal Management, formerly Asia Energy plc) has identified a high quality coal resource of 572 million tonnes (JORC 2004 compliant) at the Phulbari Coal and Power Project (the Project) in north-west Bangladesh. Utilising the latest highly energy efficient power generating technology the Phulbari coal mine is capable of supporting power plants of up to 6,000MW. GCM is awaiting approval from the Government of Bangladesh to develop the Project. The Company has a strategy of combining the Company's mine proposal with up to 6,000MW of power generation, together with credible, internationally recognised strategic partners. GCM aims to deliver a practical power solution to provide the cheapest electricity in the country, in a manner amenable to the Government of Bangladesh.

Financial Highlights Year Ended 30/06/2018

Turnover
£0.00m
Operating Profit
£-5.16m
Dividend Yield
0.00
Dividend Per Share
0.00
Dividend Cover
0.00
P/E Ratio
-3.81

Key Personnel

Michael Vee Mun Tang
Executive Chairman
James Graham Hobson
Finance Director

Stock Details

EPIC
GCM
ISIN
GB00B00KV284
Shares in Issue
98,213,655
Market cap
£22.84m
Sector

Analyst Views (0)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
23.75p
Bid Price
23.00p
Ask Price
24.50p
Volume
456229
Change Today
0.50p
% Change Today
2.15%
Open
23.10p
Previous Close
23.75p
Intraday High
23.47p
Intraday Low
22.50p
52 Week High
69.00p
52 Week Low
11.75p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

GCM Resources Intra-day Chart

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2018
30 Jun 2017
Tangible Assets
0.0
0.0
Intangible Assets & Goodwill
40.6
40.2
Investments & Other Non-Current Assets
0.0
0.0
Total Non-Current Assets
40.7
40.2
Inventory
0.0
0.0
Trade & Receivables
0.0
0.1
Cash & Receivables
0.5
0.2
Other Current Assets & Assets Held for Resale
0.0
0.0
Total Assets
41.1
40.4

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2018
30 Jun 2017
Short Term Liabilities
1.8
2.0
Long Term Liabilities
0.0
0.0
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
1.8
2.0

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2018
30 Jun 2017
Net Assets
39.4
38.4

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2018
30 Jun 2017
Share Capital
9.8
7.8
Minority Interests
0.0
0.0
Retained Earnings
-21.5
-16.2
Share Premium Account
50.5
46.2
Other Equity
0.6
0.6
Total Equity
39.4
38.4

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2018
30 Jun 2017
Cashflow from Operating Activities
-1.2
-0.4
Cashflow Before Financing
-1.6
-0.9
Increase / Decrease in Cash
0.3
0.0

Income (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2018
30 Jun 2017
Turnover
0.0
0.0
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
-5.2
-0.7
Pre-Tax Profit
-5.4
-1.0
Profit / Loss for the Year
-5.4
-1.0
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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