Rockfire Resources (LON:ROCK) Trading 7.8% Higher – Here’s What Happened
by Tristan Rich · The Markets DailyRockfire Resources plc (LON:ROCK – Get Free Report)’s stock price shot up 7.8% on Saturday . The company traded as high as GBX 0.17 and last traded at GBX 0.17. 390,801,250 shares were traded during mid-day trading, an increase of 95% from the average session volume of 200,191,938 shares. The stock had previously closed at GBX 0.15.
Rockfire Resources Stock Performance
The business’s 50-day moving average is GBX 0.15 and its 200-day moving average is GBX 0.17. The company has a market capitalization of £10.42 million, a PE ratio of -3.30 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. Concurrently, the Company is examining opportunities to acquire new, highly-prospective copper/gold projects worldwide.