Rockfire Resources (LON:ROCK) Reaches New 12-Month Low – Time to Sell?

Rockfire Resources plc (LON:ROCKGet Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 0.10 and last traded at GBX 0.10, with a volume of 356377219 shares traded. The stock had previously closed at GBX 0.11.

Rockfire Resources Stock Down 7.4%

The firm’s 50-day moving average price is GBX 0.13 and its two-hundred day moving average price is GBX 0.15. The firm has a market capitalization of £8.75 million, a PE ratio of -3.33 and a beta of 0.38.

Rockfire Resources (LON:ROCKGet Free Report) last released its quarterly earnings results on Friday, May 29th. The company reported GBX (0.03) earnings per share (EPS) for the quarter.

About Rockfire Resources

(Get Free Report)

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.

Further Reading

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