Rockfire Resources (LON:ROCK) Stock Price Down 13% – What’s Next?

Shares of Rockfire Resources plc (LON:ROCK) were down 13% during mid-day trading on Saturday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 758,729,750 shares were traded during trading, an increase of 947% from the average daily volume of 72,461,367 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Price Performance

The company’s 50-day simple moving average is GBX 0.16 and its 200-day simple moving average is GBX 0.14. The stock has a market capitalization of £3.71 million, a price-to-earnings 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.