Rockfire Resources (LON:ROCK) Trading 14.4% Higher – Here’s Why

Rockfire Resources plc (LON:ROCKGet Free Report) rose 14.4% on Thursday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 122,046,266 shares were traded during mid-day 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 Stock Up 4.4 %

The business has a 50 day simple moving average of GBX 0.14 and a 200-day simple moving average of GBX 0.15. The company has a market capitalization of £5.81 million, a P/E ratio of -2.20 and a beta of 0.38.

About Rockfire Resources

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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.

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