Rockfire Resources (LON:ROCK) Reaches New 1-Year Low – Time to Sell?

Rockfire Resources plc (LON:ROCKGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 0.10 and last traded at GBX 0.11, with a volume of 219462250 shares changing hands. The stock had previously closed at GBX 0.11.

Rockfire Resources Price Performance

The firm has a fifty day simple moving average of GBX 0.12 and a two-hundred day simple moving average of GBX 0.15. The firm has a market capitalization of £9.54 million, a P/E ratio of -3.63 and a beta of 0.38.

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

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.

Further Reading

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