Rockfire Resources (LON:ROCK) Trading 4.2% Higher – Time to Buy?

Rockfire Resources plc (LON:ROCK)’s stock price shot up 4.2% on Monday . The stock traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.13 ($0.00). 258,042,844 shares changed hands during trading, an increase of 230% from the average session volume of 78,085,047 shares. The stock had previously closed at GBX 0.12 ($0.00).

Rockfire Resources Trading Up 4.2 %

The stock has a fifty day simple moving average of GBX 0.16 and a 200-day simple moving average of GBX 0.14. The stock has a market cap of £3.86 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.