Rockfire Resources (LON:ROCK) Stock Price Down 13% – Should You Sell?

Rockfire Resources plc (LON:ROCK) was down 13% during trading on Saturday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 758,729,750 shares traded hands during mid-day trading, an increase of 947% from the average daily volume of 72,461,367 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Price Performance

The company has a market capitalization of £3.71 million, a price-to-earnings ratio of -2.20 and a beta of 0.38. The business has a fifty day moving average price of GBX 0.16 and a 200 day moving average price of GBX 0.14.

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.