Rockfire Resources (LON:ROCK) Trading 17.5% Higher – Here’s Why

Rockfire Resources plc (LON:ROCKGet Free Report) shares rose 17.5% during mid-day trading on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 111,882,766 shares changed hands during mid-day trading, an increase of 99% from the average daily volume of 56,181,523 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Price Performance

The company has a market cap of £5.65 million, a price-to-earnings ratio of -2.20 and a beta of 0.38. The business has a 50 day simple moving average of GBX 0.14 and a 200 day simple moving average of GBX 0.15.

Rockfire Resources Company Profile

(Get Free Report)

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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