Rockfire Resources (LON:ROCK) Trading Up 22.6% – Should You Buy?

Rockfire Resources plc (LON:ROCKGet Free Report) shares shot up 22.6% during trading on Friday . The company traded as high as GBX 0.19 ($0.00) and last traded at GBX 0.19 ($0.00). 42,939,809 shares changed hands during mid-day trading, an increase of 106% from the average session volume of 20,834,176 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Stock Up 1.9 %

The firm has a 50-day moving average of GBX 0.12 and a two-hundred day moving average of GBX 0.16. The company has a market capitalization of £4.88 million, a PE ratio of -2.20 and a beta of 0.38.

About Rockfire Resources

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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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