Rockfire Resources (LON:ROCK) Stock Price Up 10.6% – Should You Buy?

Rockfire Resources plc (LON:ROCK) rose 10.6% on Tuesday . The stock traded as high as GBX 0.21 ($0.00) and last traded at GBX 0.20 ($0.00). Approximately 247,853,406 shares traded hands during mid-day trading, an increase of 355% from the average daily volume of 54,490,840 shares. The stock had previously closed at GBX 0.18 ($0.00).

Rockfire Resources Price Performance

The company has a 50-day moving average price of GBX 0.11 and a two-hundred day moving average price of GBX 0.10. The company has a market cap of £12.69 million, a PE ratio of -295.71 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.