Rockfire Resources (LON:ROCK) Trading 4.2% Higher – Time to Buy?

Posted by Dante Gardener on Feb 17th, 2025

Shares of Rockfire Resources plc (LON:ROCK – Get Free Report) shot up 4.2% during mid-day trading on Monday . The company traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.13 ($0.00). 288,042,813 shares traded hands during trading, an increase of 265% from the average session volume of 78,994,133 shares. The stock had previously closed at GBX 0.12 ($0.00).

Rockfire Resources Stock Up 4.2 %

The company has a 50 day moving average price of GBX 0.16 and a 200-day moving average price of GBX 0.14. The company has a market cap of £3.86 million, a P/E ratio of -2.20 and a beta of 0.38.

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.