Sunrise Resources (LON:SRES) Reaches New 52-Week Low – Here’s What Happened

Sunrise Resources plc (LON:SRESGet Free Report)’s share price hit a new 52-week low during trading on Monday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00), with a volume of 15029806 shares. The stock had previously closed at GBX 0.02 ($0.00).

Sunrise Resources Price Performance

The company has a current ratio of 0.71, a quick ratio of 3.18 and a debt-to-equity ratio of 12.48. The company has a 50-day moving average price of GBX 0.02 and a 200-day moving average price of GBX 0.03.

Sunrise Resources (LON:SRESGet Free Report) last announced its quarterly earnings results on Monday, February 17th. The company reported GBX (0.02) ($0.00) earnings per share (EPS) for the quarter. Equities analysts forecast that Sunrise Resources plc will post -2 EPS for the current year.

Insider Activity at Sunrise Resources

In other Sunrise Resources news, insider James Cole acquired 39,764,880 shares of the stock in a transaction dated Wednesday, March 12th. The shares were bought at an average cost of GBX 2 ($0.03) per share, for a total transaction of £795,297.60 ($1,026,985.54). 21.11% of the stock is owned by insiders.

About Sunrise Resources

(Get Free Report)

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.

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