Rockfire Resources (LON:ROCK) Trading Up 15% – Here’s What Happened

Rockfire Resources plc (LON:ROCK)’s share price shot up 15% during trading on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). 121,157,383 shares traded hands during mid-day trading, an increase of 109% from the average session volume of 58,036,445 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Stock Performance

The business has a 50-day simple moving average of GBX 0.14 and a 200 day simple moving average of GBX 0.15. The firm has a market cap of £5.65 million, a P/E ratio of -2.20 and a beta of 0.38.

Rockfire Resources Company Profile

Rockfire Resources plc is a progressive copper and gold exploration company with a strong growth strategy. The Company has a goal of delineating significant copper and gold resources to move its projects towards feasibility and development.

Our three projects in Queensland, Australia are actively being explored and Rockfire is achieving success through exploration.