Sunrise Resources plc (LON:SRES) Insider Buys £795,297.60 in Stock

Sunrise Resources plc (LON:SRES) insider James Cole acquired 39,764,880 shares of Sunrise Resources stock in a transaction dated Wednesday, March 12th. The shares were bought at an average cost of GBX 2 ($0.03) per share, for a total transaction of £795,297.60 ($1,029,644.74).

Sunrise Resources Stock Performance

SRES stock traded down GBX 0 ($0.00) during midday trading on Wednesday, hitting GBX 0.02 ($0.00). The company had a trading volume of 4,600,000 shares, compared to its average volume of 7,434,622. The company has a debt-to-equity ratio of 12.48, a quick ratio of 3.18 and a current ratio of 0.71. Sunrise Resources plc has a 52 week low of GBX 0.02 ($0.00) and a 52 week high of GBX 0.08 ($0.00). The stock’s 50 day moving average price is GBX 0.02 and its 200 day moving average price is GBX 0.04.

Sunrise Resources (LON:SRES) last announced its quarterly earnings results on Monday, February 17th. The company reported GBX (0.02) ($0.00) earnings per share (EPS) for the quarter. As a group, sell-side analysts expect that Sunrise Resources plc will post -2 earnings per share for the current fiscal year.

About Sunrise Resources

Sunrise Resources plc engages in the acquisition, exploration, and development of mineral projects in the United States and Western Australia. The company explores for gold, copper, silver, lead, zinc, precious metal, base metal, and industrial mineral projects. It mines at CS Pozzolan-Perlite project located in Nevada, the United States, as well as holds leases/option agreement in the Jackson Wash project located in Nevada, the United States.