Rockfire Resources (LON:ROCK) Stock Price Down 13% – Should You Sell?

Rockfire Resources plc (LON:ROCK) fell 13% during trading on Friday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00). 758,729,750 shares traded hands during 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 Stock Performance

The firm has a market cap of £3.71 million, a price-to-earnings ratio of -2.20 and a beta of 0.38. The business’s 50 day moving average price is GBX 0.16 and its 200 day moving average price is GBX 0.14.

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.