Sunrise Resources (LON:SRES) Stock Price Down 16.7% – Here’s What Happened

Sunrise Resources plc (LON:SRES) shares fell 16.7% on Wednesday . The company traded as low as GBX 0.03 and last traded at GBX 0.03. 2,500,000 shares were traded during trading, a decline of 82% from the average session volume of 13,965,759 shares. The stock had previously closed at GBX 0.03.

Sunrise Resources Stock Performance

The stock’s 50 day moving average price is GBX 0.03 and its two-hundred day moving average price is GBX 0.02. The firm has a market capitalization of £2.03 million, a PE ratio of -1.63 and a beta of 0.88. The company has a current ratio of 0.71, a quick ratio of 3.18 and a debt-to-equity ratio of 12.48.

Sunrise Resources Company Profile

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.