Rockfire Resources (LON:ROCK) Trading Down 5.5% – Here’s Why

Rockfire Resources plc (LON:ROCK)’s share price traded down 5.5% during trading on Wednesday . The company traded as low as GBX 0.25 ($0.00) and last traded at GBX 0.26 ($0.00). 112,231,445 shares were traded during mid-day trading, an increase of 80% from the average session volume of 62,259,090 shares. The stock had previously closed at GBX 0.28 ($0.00).

Rockfire Resources Price Performance

The stock has a market cap of £15.94 million, a price-to-earnings ratio of -371.43 and a beta of 0.38. The business’s fifty day simple moving average is GBX 0.15 and its 200 day simple moving average is GBX 0.11.

Rockfire Resources Company Profile

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.