Sunrise Resources (LON:SRES) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Sunrise Resources plc (LON:SRESGet Free Report)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.03 and traded as low as GBX 0.01. Sunrise Resources shares last traded at GBX 0.02, with a volume of 5,118,384 shares traded.

Sunrise Resources Trading Down 5.6%

The business has a fifty day moving average of GBX 0.02 and a 200-day moving average of GBX 0.03. The company has a debt-to-equity ratio of 12.48, a quick ratio of 3.17 and a current ratio of 0.71. The company has a market capitalization of £1.59 million, a P/E ratio of -3.40 and a beta of 0.88.

Sunrise Resources Company Profile

(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. The company was formerly known as Sunrise Diamonds plc and changed its name to Sunrise Resources plc in May 2010.

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