Rockfire Resources (LON:ROCK) Stock Price Down 13% – Here’s Why

Shares of Rockfire Resources plc (LON:ROCK) traded down 13% during trading on Saturday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00). 758,729,750 shares were traded during mid-day trading, an increase of 947% from the average session volume of 72,461,367 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Trading Down 13.0 %

The firm’s 50-day simple moving average is GBX 0.16 and its two-hundred day simple moving average is GBX 0.14. The company has a market cap of £3.71 million, a PE 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.