Rockfire Resources (LON:ROCK) Trading Up 17.5% – Time to Buy?

Shares of Rockfire Resources plc (LON:ROCK – Get Free Report) shot up 17.5% during mid-day trading on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). 111,882,766 shares changed hands during trading, an increase of 99% from the average session volume of 56,181,523 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Stock Up 4.4 %

The business has a 50-day moving average price of GBX 0.14 and a 200-day moving average price of GBX 0.15. The firm has a market capitalization of £5.81 million, a price-to-earnings ratio of -2.20 and a beta of 0.38.

About Rockfire Resources

(Get Free Report)

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.

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