Sunrise Resources (LON:SRES) Stock Price Down 6.3% – Here’s What Happened

Sunrise Resources plc (LON:SRESGet Free Report)’s share price traded down 6.3% during mid-day trading on Wednesday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01. 1,997,916 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 16,435,684 shares. The stock had previously closed at GBX 0.02.

Sunrise Resources Trading Down 6.3%

The stock has a market capitalization of £1.41 million, a PE ratio of -3.00 and a beta of 0.88. The company has a current ratio of 0.71, a quick ratio of 3.17 and a debt-to-equity ratio of 12.48. The business’s 50-day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.03.

Sunrise Resources Company Profile

(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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