Rockfire Resources (LON:ROCK) Stock Price Up 21.9% – Time to Buy?

Rockfire Resources plc (LON:ROCK)’s stock price traded up 21.9% during mid-day trading on Wednesday . The stock traded as high as GBX 0.21 ($0.00) and last traded at GBX 0.20 ($0.00). 32,433,453 shares were traded during mid-day trading, a decline of 20% from the average session volume of 40,291,660 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Price Performance

The stock has a 50 day moving average of GBX 0.14 and a 200 day moving average of GBX 0.15. The firm has a market cap of £5.96 million, a P/E 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.