Sunrise Resources (LON:SRES) Trading Down 16.7% – Should You Sell?

Sunrise Resources plc (LON:SRES)’s share price traded down 16.7% during trading on Thursday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 41,440,141 shares were traded during mid-day trading, an increase of 349% from the average session volume of 9,232,280 shares. The stock had previously closed at GBX 0.02 ($0.00).

Sunrise Resources Stock Performance

The company has a debt-to-equity ratio of 12.48, a current ratio of 0.71 and a quick ratio of 3.18. The company has a 50-day moving average price of GBX 0.03 and a 200 day moving average price of GBX 0.04.

Sunrise Resources (LON:SRES) last issued its earnings results on Monday, February 17th. The company reported GBX (0.02) ($0.00) earnings per share (EPS) for the quarter. On average, equities research analysts anticipate that Sunrise Resources plc will post -2 EPS for the current fiscal year.

About Sunrise Resources

Sunrise Resources plc engages in the acquisition, exploration, and development of mineral projects in the United States and Western Australia. The company explores for gold, copper, silver, lead, zinc, precious metal, base metal, and industrial mineral projects. It mines at CS Pozzolan-Perlite project located in Nevada, the United States, as well as holds leases/option agreement in the Jackson Wash project located in Nevada, the United States.