Rockfire Resources (LON:ROCK) Trading Up 15% – Still a Buy?

Rockfire Resources plc (LON:ROCK)’s stock price rose 15% on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 121,157,383 shares changed hands during mid-day trading, an increase of 109% from the average daily volume of 58,036,445 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Stock Up 14.4 %

The business’s fifty day moving average is GBX 0.14 and its 200-day moving average is GBX 0.15. The company has a market cap of £5.65 million, a PE ratio of -2.20 and a beta of 0.38.

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.