Rockfire Resources (LON:ROCK) Stock Price Down 9.4% – Here’s Why

Rockfire Resources plc (LON:ROCK) shares were down 9.4% on Friday . The stock traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.13 ($0.00). Approximately 107,217,961 shares changed hands during trading, an increase of 106% from the average daily volume of 52,101,621 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Price Performance

The stock has a market capitalization of £3.71 million, a price-to-earnings ratio of -2.20 and a beta of 0.38. The stock’s 50 day simple moving average is GBX 0.16 and its 200-day simple moving average is GBX 0.15.

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.