Rockfire Resources (LON:ROCK) Trading Down 9.4% – What’s Next?

Rockfire Resources plc (LON:ROCK) shares fell 9.4% during trading on Friday . The stock traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.13 ($0.00). 73,319,945 shares were traded during mid-day trading, an increase of 44% from the average session volume of 51,042,309 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Stock Performance

The company has a 50 day moving average price of GBX 0.16 and a 200 day moving average price of GBX 0.14. The company has a market capitalization 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.