Rockfire Resources (LON:ROCK) Stock Price Up 3.7% – What’s Next?

Rockfire Resources plc (LON:ROCK)’s stock price rose 3.7% during trading on Wednesday . The company traded as high as GBX 0.22 and last traded at GBX 0.20. Approximately 87,457,922 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 184,396,234 shares. The stock had previously closed at GBX 0.19.

Rockfire Resources Stock Performance

The stock has a market capitalization of £17.66 million, a P/E ratio of -4.04 and a beta of 0.38. The firm has a fifty day moving average price of GBX 0.16 and a two-hundred day moving average price of GBX 0.18.

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. Concurrently, the Company is examining opportunities to acquire new, highly-prospective copper/gold projects worldwide.