Rockfire Resources (LON:ROCK) Shares Down 8% – Here’s Why

Rockfire Resources plc (LON:ROCKGet Free Report)’s share price dropped 8% during mid-day trading on Tuesday . The company traded as low as GBX 0.23 ($0.00) and last traded at GBX 0.23 ($0.00). Approximately 24,324,463 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 62,265,066 shares. The stock had previously closed at GBX 0.25 ($0.00).

Rockfire Resources Stock Down 8.0%

The company has a market capitalization of £14.35 million, a PE ratio of -460.00 and a beta of 0.38. The stock’s fifty day simple moving average is GBX 0.18 and its 200-day simple moving average is GBX 0.12.

Rockfire Resources (LON:ROCKGet Free Report) last issued its earnings results on Monday, September 22nd. The company reported GBX (0.01) earnings per share (EPS) for the quarter.

Rockfire Resources Company Profile

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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.

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