Rockfire Resources (LON:ROCK) Stock Price Down 8.9% – Here’s Why

Shares of Rockfire Resources plc (LON:ROCK) traded down 8.9% during trading on Saturday . The company traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). 40,381,969 shares changed hands during mid-day trading, an increase of 91% from the average session volume of 21,155,254 shares. The stock had previously closed at GBX 0.18 ($0.00).

Rockfire Resources Price Performance

The company has a market cap of £5.07 million, a PE ratio of -2.20 and a beta of 0.38. The business has a 50 day moving average of GBX 0.13 and a 200 day moving average of GBX 0.15.

Rockfire Resources Company Profile

Rockfire Resources plc, together with its subsidiaries, engages in the mineral exploration in Australia. The company explores for gold, silver, copper, zinc, lead, and molybdenum deposits. It holds five exploration permits for minerals in Queensland; and an exploration and exploitation license in Greece.