Insider Buying: Sunrise Resources plc (LON:SRES) Insider Buys £795,297.60 in Stock

Sunrise Resources plc (LON:SRES) insider James Cole purchased 39,764,880 shares of the firm’s stock in a transaction on Wednesday, March 12th. The stock was bought at an average cost of GBX 2 ($0.03) per share, for a total transaction of £795,297.60 ($1,028,712.46).

Sunrise Resources Price Performance

Shares of Sunrise Resources stock opened at GBX 0.02 ($0.00) on Friday. The company has a quick ratio of 3.18, a current ratio of 0.71 and a debt-to-equity ratio of 12.48. The business’s 50 day simple moving average is GBX 0.02 and its two-hundred day simple moving average is GBX 0.03. Sunrise Resources plc has a one year low of GBX 0.02 ($0.00) and a one year high of GBX 0.08 ($0.00).

Sunrise Resources (LON:SRES) last issued its quarterly earnings data on Monday, February 17th. The company reported GBX (0.02) ($0.00) earnings per share for the quarter. Analysts anticipate that Sunrise Resources plc will post -2 EPS for the current year.

Sunrise Resources Company Profile

Sunrise Resources plc engages in the acquisition, exploration, and development of mineral projects in the United States and Western Australia. The company explores for gold, copper, silver, lead, zinc, precious metal, base metal, and industrial mineral projects. It mines at CS Pozzolan-Perlite project located in Nevada, the United States, as well as holds leases/option agreement in the Jackson Wash project located in Nevada, the United States.