Rockfire Resources (LON:ROCK) Shares Up 14.4% – Should You Buy?

Rockfire Resources plc (LON:ROCKGet Free Report) was up 14.4% during trading on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 122,046,266 shares traded hands during mid-day trading, an increase of 110% from the average daily volume of 58,214,223 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Stock Performance

The company has a market cap of £6.12 million, a price-to-earnings ratio of -2.20 and a beta of 0.38. The company’s fifty day moving average is GBX 0.14 and its two-hundred day moving average is GBX 0.15.

Rockfire Resources Company Profile

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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.

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