Sunrise Resources (LON:SRES) Shares Up 7.1% – Here’s Why

Sunrise Resources plc (LON:SRESGet Free Report) was up 7.1% during trading on Friday . The stock traded as high as GBX 0.01 and last traded at GBX 0.01. 1,071,394 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 16,588,748 shares. The stock had previously closed at GBX 0.01.

Sunrise Resources Stock Up 7.1%

The company has a current ratio of 0.71, a quick ratio of 3.17 and a debt-to-equity ratio of 12.48. The firm has a market cap of £1.41 million, a PE ratio of -3.00 and a beta of 0.88. The stock has a fifty day simple moving average of GBX 0.02 and a two-hundred day simple moving average of GBX 0.03.

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. The company was formerly known as Sunrise Diamonds plc and changed its name to Sunrise Resources plc in May 2010.

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