Rockfire Resources (LON:ROCK) Trading Down 7.5% – Should You Sell?

Rockfire Resources plc (LON:ROCKGet Free Report)’s share price was down 7.5% on Monday . The company traded as low as GBX 0.16 and last traded at GBX 0.16. Approximately 106,887,648 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 188,843,563 shares. The stock had previously closed at GBX 0.17.

Rockfire Resources Price Performance

The business has a 50-day moving average of GBX 0.15 and a 200-day moving average of GBX 0.16. The company has a market capitalization of £10.10 million, a P/E ratio of -3.20 and a beta of 0.38.

About Rockfire Resources

(Get Free Report)

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. Concurrently, the Company is examining opportunities to acquire new, highly-prospective copper/gold projects worldwide.

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