Rockfire Resources (LON:ROCK) Shares Up 26.3% – Here’s Why

Rockfire Resources plc (LON:ROCKGet Free Report) shares shot up 26.3% during mid-day trading on Friday . The company traded as high as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). 277,574,969 shares traded hands during mid-day trading, an increase of 608% from the average session volume of 39,203,414 shares. The stock had previously closed at GBX 0.10 ($0.00).

Rockfire Resources Stock Performance

The business has a 50 day simple moving average of GBX 0.09 and a 200-day simple moving average of GBX 0.11. The firm has a market capitalization of £3.71 million, a price-to-earnings ratio of -2.20 and a beta of 0.38.

Rockfire Resources (LON:ROCKGet Free Report) last released its quarterly earnings data on Thursday, May 29th. The company reported GBX (0.07) ($0.00) earnings per share (EPS) for the quarter.

Rockfire Resources Company Profile

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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.

Further Reading

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