Rockfire Resources (LON:ROCK) Shares Down 13% – Should You Sell?

Shares of Rockfire Resources plc (LON:ROCK) were down 13% on Friday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 727,124,375 shares changed hands during mid-day trading, an increase of 917% from the average daily volume of 71,473,695 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Trading Down 13.0 %

The stock has a market cap of £3.71 million, a P/E ratio of -2.20 and a beta of 0.38. The stock’s 50-day moving average is GBX 0.16 and its 200-day moving average is GBX 0.14.

About Rockfire Resources

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.