Rockfire Resources (LON:ROCK) Shares Up 17% – Here’s Why

Rockfire Resources plc (LON:ROCKGet Free Report)’s share price shot up 17% during trading on Wednesday . The stock traded as high as GBX 0.17 and last traded at GBX 0.16. 24,116,822 shares changed hands during trading, a decline of 59% from the average session volume of 59,118,793 shares. The stock had previously closed at GBX 0.14.

Rockfire Resources Price Performance

The stock has a market capitalization of £9.59 million, a P/E ratio of -3.04 and a beta of 0.38. The business’s 50 day moving average price is GBX 0.22 and its 200 day moving average price is GBX 0.14.

Rockfire Resources (LON:ROCKGet Free Report) last released its quarterly earnings results on Monday, September 22nd. The company reported GBX (0.01) earnings per share (EPS) for the quarter.

Rockfire Resources Company Profile

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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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