Rockfire Resources (LON:ROCK) Trading Down 14.5% – Here’s Why

Rockfire Resources plc (LON:ROCK) shares were down 14.5% during mid-day trading on Friday . The company traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 125,745,891 shares traded hands during trading, an increase of 139% from the average daily volume of 52,680,617 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Trading Down 14.5 %

The business has a fifty day moving average of GBX 0.16 and a 200-day moving average of GBX 0.15. The firm has a market cap of £3.65 million, a PE 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.