Rockfire Resources (LON:ROCK) Trading Down 4.7% – What’s Next?

Rockfire Resources plc (LON:ROCK) shares traded down 4.7% on Friday . The company traded as low as GBX 0.14 and last traded at GBX 0.14. 81,956,039 shares were traded during mid-day trading, a decline of 33% from the average session volume of 122,351,164 shares. The stock had previously closed at GBX 0.15.

Rockfire Resources Price Performance

The firm has a market capitalization of £12.08 million, a P/E ratio of -2.76 and a beta of 0.38. The stock’s 50-day simple moving average is GBX 0.18 and its two-hundred day simple moving average is GBX 0.18.

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. Concurrently, the Company is examining opportunities to acquire new, highly-prospective copper/gold projects worldwide.