Rockfire Resources (LON:ROCK) Shares Up 4.2% – Here’s Why

Rockfire Resources plc (LON:ROCK) shot up 4.2% during mid-day trading on Monday . The company traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.13 ($0.00). 288,042,813 shares changed hands during trading, an increase of 265% from the average session volume of 78,994,133 shares. The stock had previously closed at GBX 0.12 ($0.00).

Rockfire Resources Stock Up 4.2 %

The company has a market cap of £3.86 million, a PE ratio of -2.20 and a beta of 0.38. The stock’s 50 day simple moving average is GBX 0.16 and its two-hundred day simple moving average is GBX 0.14.

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.