Sunrise Resources (LON:SRES) Shares Down 25% – Should You Sell?

Sunrise Resources plc (LON:SRESGet Free Report) shares dropped 25% during mid-day trading on Thursday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01. Approximately 26,313,896 shares were traded during trading, an increase of 6% from the average session volume of 24,723,342 shares. The stock had previously closed at GBX 0.02.

Sunrise Resources Stock Performance

The business’s fifty day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.02. The stock has a market capitalization of £1.50 million, a PE ratio of -3.20 and a beta of 0.88. The company has a quick ratio of 3.17, a current ratio of 0.71 and a debt-to-equity ratio of 12.48.

About Sunrise Resources

(Get Free Report)

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. The company was formerly known as Sunrise Diamonds plc and changed its name to Sunrise Resources plc in May 2010.

Further Reading

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