Rockfire Resources (LON:ROCK) Shares Up 20% – What’s Next?

Rockfire Resources plc (LON:ROCKGet Free Report)’s share price shot up 20% on Friday . The stock traded as high as GBX 0.15 and last traded at GBX 0.13. Approximately 221,709,688 shares traded hands during trading, an increase of 177% from the average session volume of 80,148,227 shares. The stock had previously closed at GBX 0.10.

Rockfire Resources Price Performance

The firm has a market capitalization of £11.03 million, a price-to-earnings ratio of -4.20 and a beta of 0.38. The business has a fifty day moving average price of GBX 0.13 and a two-hundred day moving average price of GBX 0.15.

Rockfire Resources (LON:ROCKGet Free Report) last released its earnings results on Friday, May 29th. The company reported GBX (0.03) EPS for the quarter.

About Rockfire Resources

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

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