Sunrise Resources (LON:SRES) Stock Price Down 7.1% – Should You Sell?

Shares of Sunrise Resources plc (LON:SRES) fell 7.1% during trading on Monday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 29,651,057 shares traded hands during mid-day trading, an increase of 103% from the average session volume of 14,588,951 shares. The stock had previously closed at GBX 0.03 ($0.00).

Sunrise Resources Price Performance

The company has a fifty day moving average of GBX 0.03 and a 200 day moving average of GBX 0.02. The firm has a market capitalization of £2.73 million, a P/E ratio of -2.19 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 3.18.

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.