Rockfire Resources (LON:ROCK) Trading Up 4.2% – Should You Buy?

Rockfire Resources plc (LON:ROCK)’s share price rose 4.2% during mid-day trading on Monday . The company traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.13 ($0.00). Approximately 258,042,844 shares changed hands during mid-day trading, an increase of 230% from the average daily volume of 78,085,047 shares. The stock had previously closed at GBX 0.12 ($0.00).

Rockfire Resources Price Performance

The firm has a market capitalization of £3.65 million, a PE ratio of -2.20 and a beta of 0.38. The company’s fifty day simple moving average is GBX 0.16 and its 200 day simple moving average is GBX 0.14.

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.