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

Rockfire Resources plc (LON:ROCK)’s stock price shot up 4.2% during mid-day trading on Monday . The stock traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.13 ($0.00). 288,042,813 shares were traded 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 Down 1.7 %

The stock has a market cap of £3.65 million, a price-to-earnings ratio of -2.20 and a beta of 0.38. The company’s 50-day moving average is GBX 0.16 and its 200-day moving average 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.