Rockfire Resources (LON:ROCK) Shares Down 14.5% – Should You Sell?

Rockfire Resources plc (LON:ROCK) traded down 14.5% during mid-day trading on Friday . The company traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). 125,745,891 shares traded hands during mid-day trading, an increase of 139% from the average session volume of 52,680,617 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Stock Down 14.5 %

The stock’s 50 day moving average price is GBX 0.16 and its 200-day moving average price is GBX 0.15. The stock has a market capitalization of £3.65 million, a PE 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.