Rockfire Resources (LON:ROCK) Shares Up 3.7% – Still a Buy?

Rockfire Resources plc (LON:ROCK)’s stock price shot up 3.7% on Saturday . The company traded as high as GBX 0.31 ($0.00) and last traded at GBX 0.28 ($0.00). 112,343,531 shares were traded during mid-day trading, an increase of 82% from the average session volume of 61,763,012 shares. The stock had previously closed at GBX 0.27 ($0.00).

Rockfire Resources Trading Up 3.7%

The firm has a market cap of £17.17 million, a price-to-earnings ratio of -400.00 and a beta of 0.38. The stock has a 50-day moving average of GBX 0.14 and a two-hundred day moving average of GBX 0.11.

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.