Rockfire Resources (LON:ROCK) Shares Down 4.8% – Should You Sell?

Rockfire Resources plc (LON:ROCK)’s share price was down 4.8% during trading on Wednesday . The company traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 56,583,195 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 77,452,641 shares. The stock had previously closed at GBX 0.13 ($0.00).

Rockfire Resources Stock Performance

The firm has a market cap of £3.71 million, a P/E ratio of -2.20 and a beta of 0.38. The stock has a fifty day simple moving average of GBX 0.16 and a 200 day simple moving average of GBX 0.14.

About Rockfire Resources

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.