Rockfire Resources (LON:ROCK) Trading Up 14.4% – Should You Buy?

Rockfire Resources plc (LON:ROCK) shares traded up 14.4% on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). 122,046,266 shares were traded during mid-day trading, an increase of 110% from the average session volume of 58,214,223 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Stock Performance

The stock has a fifty day simple moving average of GBX 0.14 and a 200 day simple moving average of GBX 0.15. The firm has a market cap of £5.65 million, a P/E ratio of -2.20 and a beta of 0.38.

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.