Rockfire Resources (LON:ROCK) Trading Down 5.6% – Here’s What Happened

Rockfire Resources plc (LON:ROCK)’s share price was down 5.6% on Tuesday . The company traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 13,281,092 shares traded hands during trading, a decline of 78% from the average daily volume of 60,188,488 shares. The stock had previously closed at GBX 0.18 ($0.00).

Rockfire Resources Stock Performance

The business has a 50-day simple moving average of GBX 0.15 and a two-hundred day simple moving average of GBX 0.15. The company has a market capitalization of £5.56 million, a price-to-earnings 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.