Rockfire Resources (LON:ROCK) Trading Up 14.4% – Time to Buy?

by · The Markets Daily

Rockfire Resources plc (LON:ROCK – Get Free Report) shares traded up 14.4% on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). 122,046,266 shares changed hands during mid-day trading, an increase of 110% from the average session volume of 58,214,223 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Trading Up 4.4 %

The business has a 50 day simple moving average of GBX 0.14 and a two-hundred day simple moving average of GBX 0.15. The company has a market cap of £5.81 million, a PE ratio of -2.20 and a beta of 0.38.

Rockfire Resources Company Profile

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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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