Sunrise Resources (LON:SRES) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Shares of Sunrise Resources plc (LON:SRESGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 0.03 and traded as high as GBX 0.03. Sunrise Resources shares last traded at GBX 0.03, with a volume of 33,125,773 shares.

Sunrise Resources Stock Performance

The business has a 50 day simple moving average of GBX 0.03 and a 200 day simple moving average of GBX 0.02. The company has a quick ratio of 3.18, a current ratio of 0.71 and a debt-to-equity ratio of 12.48. The company has a market capitalization of £2.34 million, a PE ratio of -1.88 and a beta of 0.88.

About Sunrise Resources

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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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