Rockfire Resources (LON:ROCK) Stock Price Up 47.5% – Should You Buy?

Rockfire Resources plc (LON:ROCKGet Free Report) was up 47.5% during trading on Wednesday . The stock traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 661,429,250 shares were traded during mid-day trading, an increase of 1,237% from the average daily volume of 49,478,391 shares. The stock had previously closed at GBX 0.12 ($0.00).

Rockfire Resources Trading Up 0.6%

The firm has a fifty day moving average of GBX 0.11 and a 200 day moving average of GBX 0.10. The company has a market capitalization of £5.59 million, a P/E ratio of -2.20 and a beta of 0.38.

Rockfire Resources (LON:ROCKGet Free Report) last released its quarterly earnings results on Thursday, May 29th. The company reported GBX (0.07) earnings per share (EPS) for the quarter.

Rockfire Resources Company Profile

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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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