Sunrise Resources plc (LON:SRES) Insider James Cole Acquires 39,764,880 Shares

Sunrise Resources plc (LON:SRES) insider James Cole bought 39,764,880 shares of the firm’s stock in a transaction on Wednesday, March 12th. The shares were bought at an average price of GBX 2 ($0.03) per share, for a total transaction of £795,297.60 ($1,031,380.63).

Sunrise Resources Stock Performance

SRES stock opened at GBX 0.02 ($0.00) on Thursday. The company’s 50-day moving average price is GBX 0.02 and its 200 day moving average price is GBX 0.04. Sunrise Resources plc has a 52 week low of GBX 0.02 ($0.00) and a 52 week high of GBX 0.08 ($0.00). The company has a debt-to-equity ratio of 12.48, a current ratio of 0.71 and a quick ratio of 3.18.

Sunrise Resources (LON:SRES) last posted its earnings results on Monday, February 17th. The company reported GBX (0.02) ($0.00) EPS for the quarter. On average, equities analysts expect that Sunrise Resources plc will post -2 EPS for the current fiscal year.

Sunrise Resources Company Profile

Sunrise Resources plc engages in the acquisition, exploration, and development of mineral projects in the United States and Western Australia. The company explores for gold, copper, silver, lead, zinc, precious metal, base metal, and industrial mineral projects. It mines at CS Pozzolan-Perlite project located in Nevada, the United States, as well as holds leases/option agreement in the Jackson Wash project located in Nevada, the United States.