Sunrise Resources (LON:SRES) Stock Price Up 40% – What’s Next?

Shares of Sunrise Resources plc (LON:SRESGet Free Report) rose 40% during trading on Friday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 21,503,303 shares were traded during trading, an increase of 46% from the average daily volume of 14,708,421 shares. The stock had previously closed at GBX 0.03 ($0.00).

Sunrise Resources Stock Performance

The firm’s 50-day simple moving average is GBX 0.02 and its 200-day simple moving average is GBX 0.02. The company has a market capitalization of £2.19 million, a PE ratio of -175.00 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.

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.

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