Rockfire Resources (LON:ROCK) Trading Down 14.5% – Here’s What Happened

Rockfire Resources plc (LON:ROCK) fell 14.5% during mid-day trading on Friday . The stock traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). 125,745,891 shares traded hands during trading, an increase of 139% from the average session volume of 52,680,617 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Stock Down 14.5 %

The firm’s 50-day simple moving average is GBX 0.16 and its 200-day simple moving average is GBX 0.15. The firm has a market capitalization of £3.65 million, a PE ratio of -2.20 and a beta of 0.38.

Rockfire Resources Company Profile

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.