Rockfire Resources (LON:ROCK) Shares Up 6.4% – Should You Buy?

Rockfire Resources plc (LON:ROCK) shares were up 6.4% on Wednesday . The company traded as high as GBX 0.15 and last traded at GBX 0.15. Approximately 36,829,680 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 57,760,547 shares. The stock had previously closed at GBX 0.14.

Rockfire Resources Trading Up 8.6%

The firm has a market capitalization of £9.59 million, a PE ratio of -3.04 and a beta of 0.38. The business has a 50 day moving average price of GBX 0.16 and a 200-day moving average price of GBX 0.16.

Rockfire Resources Company Profile

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.