Rockfire Resources (LON:ROCK) Stock Price Up 4.2% – Here’s Why

Rockfire Resources plc (LON:ROCKGet Free Report) shares shot up 4.2% on Monday . The company traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.13 ($0.00). 288,042,813 shares traded hands during mid-day trading, an increase of 265% from the average session volume of 78,994,133 shares. The stock had previously closed at GBX 0.12 ($0.00).

Rockfire Resources Stock Performance

The company has a market cap of £3.86 million, a price-to-earnings ratio of -2.20 and a beta of 0.38. The business’s 50 day simple moving average is GBX 0.16 and its 200-day simple 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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