Sunrise Resources (LON:SRES) Trading 40% Higher – Here’s What Happened

Sunrise Resources plc (LON:SRESGet Free Report) shares traded up 40% on Friday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 21,503,303 shares changed hands during trading, an increase of 46% from the average session volume of 14,708,421 shares. The stock had previously closed at GBX 0.03 ($0.00).

Sunrise Resources Stock Performance

The stock has a fifty day moving average price of GBX 0.02 and a two-hundred day moving average price of GBX 0.02. The company has a market cap of £2.03 million, a P/E ratio of -162.50 and a beta of 0.88. The company has a debt-to-equity ratio of 12.48, a current ratio of 0.71 and a quick ratio of 3.18.

About Sunrise Resources

(Get Free Report)

Sunrise Resources plc engages in the acquisition, exploration, and development of mineral projects in the United States and Western Australia. The company explores for gold, copper, silver, lead, zinc, precious metal, base metal, and industrial mineral projects. It mines at CS Pozzolan-Perlite project located in Nevada, the United States, as well as holds leases/option agreement in the Jackson Wash project located in Nevada, the United States.

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