Rockfire Resources (LON:ROCK) Stock Price Down 14.1% – Here’s What Happened

Rockfire Resources plc (LON:ROCK) shares were down 14.1% during mid-day trading on Tuesday . The company traded as low as GBX 0.11 and last traded at GBX 0.11. Approximately 14,469,009 shares changed hands during trading, a decline of 86% from the average daily volume of 103,939,594 shares. The stock had previously closed at GBX 0.13.

Rockfire Resources Trading Up 1.5%

The business’s fifty day moving average price is GBX 0.15 and its 200 day moving average price is GBX 0.16. The firm has a market capitalization of £11.99 million, a price-to-earnings ratio of -2.74 and a beta of 0.38.

Rockfire Resources Company Profile

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.