Rockfire Resources (LON:ROCK) Shares Down 11.9% – Time to Sell?

Rockfire Resources plc (LON:ROCKGet Free Report)’s share price traded down 11.9% during mid-day trading on Saturday . The company traded as low as GBX 0.13 and last traded at GBX 0.14. 183,422,266 shares changed hands during mid-day trading, an increase of 217% from the average session volume of 57,855,758 shares. The stock had previously closed at GBX 0.16.

Rockfire Resources Trading Down 11.9%

The stock has a market capitalization of £8.90 million, a price-to-earnings ratio of -2.82 and a beta of 0.38. The firm’s fifty day moving average price is GBX 0.18 and its 200 day moving average price is GBX 0.15.

Rockfire Resources (LON:ROCKGet Free Report) last released its quarterly earnings results on Monday, September 22nd. The company reported GBX (0.01) EPS for the quarter.

Rockfire Resources Company Profile

(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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