Rockfire Resources (LON:ROCK) Stock Price Down 13% – Time to Sell?

Rockfire Resources plc (LON:ROCK)’s stock price traded down 13% during mid-day trading on Friday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00). 717,229,500 shares changed hands during trading, an increase of 908% from the average session volume of 71,164,484 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Price Performance

The company’s 50 day simple moving average is GBX 0.16 and its 200 day simple moving average is GBX 0.15. The company has a market capitalization of £3.71 million, a PE ratio of -2.20 and a beta of 0.38.

About Rockfire Resources

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.