Rockfire Resources (LON:ROCK) Shares Up 14.4% – Still a Buy?

Rockfire Resources plc (LON:ROCKGet Free Report) traded up 14.4% on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). 122,046,266 shares were traded during mid-day trading, an increase of 110% from the average session volume of 58,214,223 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Trading Up 14.4 %

The stock has a market cap of £5.65 million, a PE ratio of -2.20 and a beta of 0.38. The firm has a fifty day simple moving average of GBX 0.14 and a two-hundred day simple moving average of GBX 0.15.

About Rockfire Resources

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Rockfire Resources plc is a progressive copper and gold exploration company with a strong growth strategy. The Company has a goal of delineating significant copper and gold resources to move its projects towards feasibility and development.

Our three projects in Queensland, Australia are actively being explored and Rockfire is achieving success through exploration.

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