Sunrise Resources (LON:SRES) Trading Down 8.7% – Should You Sell?

Sunrise Resources plc (LON:SRESGet Free Report) shares were down 8.7% on Wednesday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02. Approximately 1,088,421 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 17,212,305 shares. The stock had previously closed at GBX 0.02.

Sunrise Resources Stock Down 8.7%

The company has a market capitalization of £1.83 million, a P/E ratio of -3.50 and a beta of 0.88. The firm has a 50-day moving average price of GBX 0.03 and a two-hundred day moving average price of GBX 0.03. The company has a quick ratio of 3.18, a current ratio of 0.71 and a debt-to-equity ratio of 12.48.

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.

Featured Stories

Receive News & Ratings for Sunrise Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunrise Resources and related companies with MarketBeat.com's FREE daily email newsletter.