Rockfire Resources (LON:ROCK) Trading Down 6.7% – Here’s Why

Shares of Rockfire Resources plc (LON:ROCK) fell 6.7% during mid-day trading on Tuesday . The stock traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.17 ($0.00). 52,636,492 shares traded hands during trading, a decline of 18% from the average session volume of 64,561,309 shares. The stock had previously closed at GBX 0.18 ($0.00).

Rockfire Resources Price Performance

The firm’s 50-day moving average price is GBX 0.14 and its 200 day moving average price is GBX 0.15. The firm has a market capitalization of £5.19 million, a price-to-earnings ratio of -2.20 and a beta of 0.38.

About Rockfire Resources

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.