Rockfire Resources (LON:ROCK) Stock Price Up 16.9% – Still a Buy?

Rockfire Resources plc (LON:ROCKGet Free Report) rose 16.9% on Tuesday . The company traded as high as GBX 0.15 ($0.00) and last traded at GBX 0.14 ($0.00). Approximately 282,455,656 shares traded hands during mid-day trading, an increase of 499% from the average daily volume of 47,167,574 shares. The stock had previously closed at GBX 0.12 ($0.00).

Rockfire Resources Price Performance

The firm has a market cap of £5.78 million, a P/E ratio of -2.20 and a beta of 0.38. The stock’s 50 day moving average is GBX 0.11 and its two-hundred day moving average is GBX 0.10.

Rockfire Resources (LON:ROCKGet Free Report) last posted its earnings results on Thursday, May 29th. The company reported GBX (0.07) earnings per share 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.

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