Rockfire Resources (LON:ROCK) Trading Up 24.6% – What’s Next?

Rockfire Resources plc (LON:ROCK) traded up 24.6% during mid-day trading on Wednesday . The company traded as high as GBX 0.18 and last traded at GBX 0.17. 454,401,750 shares were traded during trading, an increase of 197% from the average session volume of 153,029,188 shares. The stock had previously closed at GBX 0.14.

Rockfire Resources Price Performance

The stock has a market capitalization of £10.60 million, a price-to-earnings ratio of -3.36 and a beta of 0.38. The business has a fifty day moving average of GBX 0.15 and a 200 day moving average of GBX 0.16.

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. Concurrently, the Company is examining opportunities to acquire new, highly-prospective copper/gold projects worldwide.