Rockfire Resources (LON:ROCK) Reaches New 1-Year Low – Should You Sell?

Rockfire Resources plc (LON:ROCK – Get Free Report) reached a new 52-week low on Monday. The stock traded as low as GBX 0.10 and last traded at GBX 0.10, with a volume of 69565586 shares changing hands. The stock had previously closed at GBX 0.11.

Rockfire Resources Stock Performance

The company has a 50 day moving average of GBX 0.11 and a 200 day moving average of GBX 0.13. The stock has a market capitalization of £11.20 million, a price-to-earnings ratio of -3.50 and a beta of 0.38.

Rockfire Resources (LON:ROCK – Get Free Report) last announced its earnings results on Monday, September 28th. The company reported GBX (0.01) earnings per share (EPS) for the quarter.

About Rockfire Resources

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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. Concurrently, the Company is examining opportunities to acquire new, highly-prospective copper/gold projects worldwide.

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