Rockfire Resources (LON:ROCK) Trading Down 13% – Here’s Why

Rockfire Resources plc (LON:ROCKGet Free Report)’s stock price dropped 13% during mid-day trading on Saturday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 758,729,750 shares traded hands during mid-day trading, an increase of 947% from the average daily volume of 72,461,367 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Stock Performance

The company has a market capitalization of £3.71 million, a price-to-earnings ratio of -2.20 and a beta of 0.38. The business has a 50 day moving average price of GBX 0.16 and a 200-day moving average price of GBX 0.14.

About Rockfire Resources

(Get Free Report)

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.

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