Rockfire Resources (LON:ROCK) Shares Down 14.5% – Time to Sell?

Rockfire Resources plc (LON:ROCKGet Free Report)’s share price was down 14.5% 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 were traded during mid-day 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 Price Performance

The firm has a market cap of £3.71 million, a P/E ratio of -2.20 and a beta of 0.38. The business’s 50-day moving average is GBX 0.16 and its two-hundred day moving average is GBX 0.14.

About Rockfire Resources

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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.

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