Rockfire Resources (LON:ROCK) Shares Down 8.9% – Should You Sell?

Rockfire Resources plc (LON:ROCKGet Free Report)’s share price dropped 8.9% during mid-day trading on Friday . The company traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 40,381,969 shares were traded during mid-day trading, an increase of 91% from the average daily volume of 21,155,254 shares. The stock had previously closed at GBX 0.18 ($0.00).

Rockfire Resources Stock Performance

The firm has a 50-day moving average price of GBX 0.13 and a two-hundred day moving average price of GBX 0.15. The firm has a market cap of £5.07 million, a price-to-earnings ratio of -2.20 and a beta of 0.38.

Rockfire Resources Company Profile

(Get Free Report)

Rockfire Resources plc, together with its subsidiaries, engages in the mineral exploration in Australia. The company explores for gold, silver, copper, zinc, lead, and molybdenum deposits. It holds five exploration permits for minerals in Queensland; and an exploration and exploitation license in Greece.

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