Rockfire Resources (LON:ROCK) Stock Price Up 14.4% – Still a Buy?

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

Rockfire Resources Trading Up 4.4 %

The firm has a market cap of £5.81 million, a price-to-earnings ratio of -2.20 and a beta of 0.38. The stock has a 50-day moving average of GBX 0.14 and a 200-day moving average 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.