Rockfire Resources (LON:ROCK) Shares Down 8.9% – Should You Sell?

Shares of Rockfire Resources plc (LON:ROCKGet Free Report) were down 8.9% on Saturday . The stock traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 40,381,969 shares changed hands during mid-day trading, an increase of 91% from the average daily volume of 21,155,254 shares. The stock had previously closed at GBX 0.18 ($0.00).

Rockfire Resources Price Performance

The firm has a 50 day simple moving average of GBX 0.13 and a 200-day simple moving average of GBX 0.15. The stock has a market capitalization of £5.07 million, a price-to-earnings ratio of -2.20 and a beta of 0.38.

About Rockfire Resources

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Rockfire Resources plc, together with its subsidiaries, engages in the mineral exploration in Australia. The company explores for gold, silver, copper, zinc, lead, and molybdenum deposits. It holds five exploration permits for minerals in Queensland; and an exploration and exploitation license in Greece.

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