Rockfire Resources (LON:ROCK) Trading Down 13% – What’s Next?

Rockfire Resources plc (LON:ROCK)’s stock price fell 13% during trading on Friday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00). 717,229,500 shares were traded during mid-day 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 firm’s 50 day moving average price is GBX 0.16 and its two-hundred day moving average price is GBX 0.15. The firm has a market cap of £3.71 million, a price-to-earnings ratio of -2.20 and a beta of 0.38.

Rockfire Resources Company Profile

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.