Rockfire Resources (LON:ROCK) Shares Down 14.1% – Here’s What Happened

Rockfire Resources plc (LON:ROCK)’s stock price dropped 14.1% on Tuesday . The stock traded as low as GBX 0.11 and last traded at GBX 0.11. Approximately 14,469,009 shares were traded during trading, a decline of 86% from the average daily volume of 103,939,594 shares. The stock had previously closed at GBX 0.13.

Rockfire Resources Price Performance

The firm has a market capitalization of £11.38 million, a P/E ratio of -2.60 and a beta of 0.38. The firm has a 50-day moving average price of GBX 0.15 and a two-hundred day moving average price of GBX 0.16.

About Rockfire Resources

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. Concurrently, the Company is examining opportunities to acquire new, highly-prospective copper/gold projects worldwide.