Rockfire Resources (LON:ROCK) Stock Price Up 4.2% – Still a Buy?

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

Rockfire Resources Price Performance

The firm has a fifty day moving average of GBX 0.16 and a 200 day moving average of GBX 0.14. The stock has a market cap of £3.86 million, a price-to-earnings 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.