Rockfire Resources (LON:ROCK) Shares Up 3.7% – Still a Buy?

Rockfire Resources plc (LON:ROCK)’s stock price shot up 3.7% on Tuesday . The stock traded as high as GBX 0.16 ($0.00) and last traded at GBX 0.14 ($0.00). 90,336,602 shares were traded during trading, an increase of 94% from the average session volume of 46,653,551 shares. The stock had previously closed at GBX 0.14 ($0.00).

Rockfire Resources Price Performance

The firm’s 50-day moving average price is GBX 0.16 and its 200-day moving average price is GBX 0.15. The stock has a market cap of £4.33 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.