Rockfire Resources (LON:ROCK) Trading 21.3% Higher – Still a Buy?

Rockfire Resources plc (LON:ROCK)’s stock price was up 21.3% during trading on Wednesday . The company traded as high as GBX 0.21 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 63,166,879 shares changed hands during trading, an increase of 36% from the average daily volume of 46,438,344 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Price Performance

The firm has a market capitalization of £5.41 million, a price-to-earnings ratio of -2.20 and a beta of 0.38. The stock has a 50 day moving average price of GBX 0.14 and a two-hundred day moving average price of GBX 0.15.

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.