Sunrise Resources (LON:SRES) Trading Down 13.3% – What’s Next?

Sunrise Resources plc (LON:SRESGet Free Report) shares dropped 13.3% on Monday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 471,428 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 14,693,099 shares. The stock had previously closed at GBX 0.03 ($0.00).

Sunrise Resources Stock Performance

The stock’s 50-day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.02. The company has a debt-to-equity ratio of 12.48, a quick ratio of 3.18 and a current ratio of 0.71. The company has a market capitalization of £2.03 million, a price-to-earnings ratio of -162.50 and a beta of 0.88.

Sunrise Resources Company Profile

(Get Free Report)

Sunrise Resources plc engages in the acquisition, exploration, and development of mineral projects in the United States and Western Australia. The company explores for gold, copper, silver, lead, zinc, precious metal, base metal, and industrial mineral projects. It mines at CS Pozzolan-Perlite project located in Nevada, the United States, as well as holds leases/option agreement in the Jackson Wash project located in Nevada, the United States.

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