Rockfire Resources (LON:ROCK) Trading Up 17.8% – Here’s Why

Shares of Rockfire Resources plc (LON:ROCKGet Free Report) were up 17.8% on Monday . The stock traded as high as GBX 0.16 and last traded at GBX 0.16. Approximately 54,289,434 shares were traded during trading, a decline of 43% from the average daily volume of 95,170,156 shares. The stock had previously closed at GBX 0.14.

Rockfire Resources Stock Performance

The firm has a market capitalization of £13.56 million, a P/E ratio of -5.17 and a beta of 0.38. The firm has a 50-day moving average of GBX 0.14 and a two-hundred day moving average of GBX 0.16.

Rockfire Resources (LON:ROCKGet Free Report) last issued its earnings results on Friday, May 29th. The company reported GBX (0.03) earnings per share (EPS) for the quarter.

Rockfire Resources Company Profile

(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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