Sunrise Resources (LON:SRES) Stock Price Breaks Below 200-Day Moving Average – Here’s What Happened

Shares of Sunrise Resources plc (LON:SRES – Get Free Report) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 0.02 and traded as low as GBX 0.01. Sunrise Resources shares last traded at GBX 0.01, with a volume of 65,525,211 shares.

Sunrise Resources Stock Performance

The company has a quick ratio of 3.17, a current ratio of 0.71 and a debt-to-equity ratio of 12.48. The company has a 50 day simple moving average of GBX 0.02 and a 200-day simple moving average of GBX 0.02. The stock has a market capitalization of £1.61 million, a price-to-earnings ratio of -2.80 and a beta of 0.88.

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

Receive News & Ratings for Sunrise Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunrise Resources and related companies with MarketBeat.com's FREE daily email newsletter.