Sunrise Resources (LON:SRES) Stock Passes Below 200-Day Moving Average – Time to Sell?

Sunrise Resources plc (LON:SRESGet Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.02 and traded as low as GBX 0.02. Sunrise Resources shares last traded at GBX 0.02, with a volume of 598,765 shares traded.

Sunrise Resources Trading Down 10.0%

The firm has a market cap of £1.69 million, a P/E ratio of -3.60 and a beta of 0.88. The company has a debt-to-equity ratio of 12.48, a current ratio of 0.71 and a quick ratio of 3.17. The stock has a 50 day moving average of GBX 0.02 and a 200 day moving average of GBX 0.02.

About Sunrise Resources

(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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