Rockfire Resources (LON:ROCK) Hits New 52-Week Low – Time to Sell?

Shares of Rockfire Resources plc (LON:ROCKGet Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 0.10 and last traded at GBX 0.11, with a volume of 219462250 shares trading hands. The stock had previously closed at GBX 0.11.

Rockfire Resources Stock Up 1.9%

The stock has a market cap of £9.45 million, a price-to-earnings ratio of -3.60 and a beta of 0.38. The stock’s fifty day moving average is GBX 0.12 and its 200-day moving average is GBX 0.15.

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

Rockfire Resources Company Profile

(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.

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