Sunrise Resources (LON:SRES) Stock Price Down 20% – Should You Sell?

Sunrise Resources plc (LON:SRES – Get Free Report)’s stock price was down 20% on Wednesday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02. Approximately 37,363,063 shares traded hands during trading, an increase of 116% from the average daily volume of 17,292,004 shares. The stock had previously closed at GBX 0.03.

Sunrise Resources Price Performance

The company has a quick ratio of 3.18, a current ratio of 0.71 and a debt-to-equity ratio of 12.48. The firm has a market cap of £1.88 million, a PE ratio of -3.33 and a beta of 0.88. The firm’s fifty day simple moving average is GBX 0.02 and its two-hundred day simple moving average is GBX 0.03.

About Sunrise Resources

(Get Free Report)

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. The company was formerly known as Sunrise Diamonds plc and changed its name to Sunrise Resources plc in May 2010.

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