Rockfire Resources (LON:ROCK) Stock Price Down 13% – Should You Sell?

Rockfire Resources plc (LON:ROCK) shares traded down 13% during trading on Friday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00). 717,229,500 shares changed hands during mid-day trading, an increase of 908% from the average session volume of 71,164,484 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Stock Performance

The firm has a 50-day moving average price of GBX 0.16 and a two-hundred day moving average price of GBX 0.15. The firm has a market cap of £3.71 million, a price-to-earnings ratio of -2.20 and a beta of 0.38.

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.