Rockfire Resources (LON:ROCK) Stock Price Down 13% – Here’s Why

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

Rockfire Resources Stock Down 13.0 %

The business has a 50-day moving average of GBX 0.16 and a 200-day moving average of GBX 0.14. The stock has a market cap of £3.71 million, a price-to-earnings ratio of -2.20 and a beta of 0.38.

About Rockfire Resources

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.