Rockfire Resources (LON:ROCK) Trading Down 21.4% – What’s Next?

Rockfire Resources plc (LON:ROCKGet Free Report)’s share price fell 21.4% during mid-day trading on Monday . The stock traded as low as GBX 0.11 and last traded at GBX 0.11. 188,499,922 shares traded hands during mid-day trading, an increase of 136% from the average daily volume of 79,986,398 shares. The stock had previously closed at GBX 0.14.

Rockfire Resources Price Performance

The stock has a market cap of £9.63 million, a P/E ratio of -3.67 and a beta of 0.38. The company has a fifty day moving average of GBX 0.13 and a 200 day moving average of GBX 0.15.

Rockfire Resources (LON:ROCKGet Free Report) last issued its quarterly earnings results on Friday, May 29th. The company reported GBX (0.03) earnings per share (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. Concurrently, the Company is examining opportunities to acquire new, highly-prospective copper/gold projects worldwide.

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