Sunrise Resources (LON:SRES) Trading Down 18.8% – Time to Sell?

Sunrise Resources plc (LON:SRESGet Free Report)’s share price dropped 18.8% on Monday . The company traded as low as GBX 0.03 and last traded at GBX 0.03. Approximately 211,829 shares were traded during trading, a decline of 99% from the average daily volume of 14,575,432 shares. The stock had previously closed at GBX 0.03.

Sunrise Resources Stock Performance

The stock has a market cap of £2.03 million, a price-to-earnings ratio of -1.63 and a beta of 0.88. The company has a debt-to-equity ratio of 12.48, a quick ratio of 3.18 and a current ratio of 0.71. The stock’s 50-day simple moving average is GBX 0.03 and its two-hundred day simple moving average is GBX 0.02.

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.

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