Rockfire Resources (LON:ROCK) Trading 14.2% Higher – Should You Buy?

Rockfire Resources plc (LON:ROCK) was up 14.2% during mid-day trading on Friday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 31,079,482 shares traded hands during mid-day trading, an increase of 50% from the average daily volume of 20,786,158 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Trading Up 1.9 %

The stock has a market cap of £4.88 million, a PE ratio of -2.20 and a beta of 0.38. The business has a 50 day moving average of GBX 0.12 and a 200-day moving average of GBX 0.16.

Rockfire Resources Company Profile

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.