Sunrise Resources (LON:SRES) Stock Price Down 16.7% – Should You Sell?

Sunrise Resources plc (LON:SRESGet Free Report) was down 16.7% during trading on Wednesday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 41,440,141 shares traded hands during trading, an increase of 349% from the average daily volume of 9,232,280 shares. The stock had previously closed at GBX 0.02 ($0.00).

Sunrise Resources Price Performance

The stock has a 50-day moving average of GBX 0.03 and a two-hundred day moving average of GBX 0.04. The company has a debt-to-equity ratio of 12.48, a current ratio of 0.71 and a quick ratio of 3.18.

Sunrise Resources (LON:SRESGet Free Report) last announced its earnings results on Thursday, February 13th. The company reported GBX (0.02) ($0.00) EPS for the quarter. Research analysts expect that Sunrise Resources plc will post -2 EPS for the current fiscal year.

About Sunrise Resources

(Get Free Report)

Sunrise Resources plc engages in the acquisition, exploration, and development of mineral projects in the United States and Western Australia. The company explores for gold, copper, silver, lead, zinc, precious metal, base metal, and industrial mineral projects. It mines at CS Pozzolan-Perlite project located in Nevada, the United States, as well as holds leases/option agreement in the Jackson Wash project located in Nevada, the United States.

Further Reading

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