Sunrise Resources plc (LON:SRES) Insider James Cole Purchases 39,764,880 Shares

Sunrise Resources plc (LON:SRES) insider James Cole bought 39,764,880 shares of the company’s stock in a transaction on Wednesday, March 12th. The shares were bought at an average price of GBX 2 ($0.03) per share, for a total transaction of £795,297.60 ($1,029,644.74).

Sunrise Resources Trading Down 9.5 %

SRES stock traded down GBX 0 ($0.00) during mid-day trading on Wednesday, reaching GBX 0.02 ($0.00). 4,600,000 shares of the company traded hands, compared to its average volume of 7,434,622. The company has a fifty day moving average price of GBX 0.02 and a 200-day moving average price of GBX 0.04. The company has a quick ratio of 3.18, a current ratio of 0.71 and a debt-to-equity ratio of 12.48. Sunrise Resources plc has a 52-week low of GBX 0.02 ($0.00) and a 52-week high of GBX 0.08 ($0.00).

Sunrise Resources (LON:SRES) last posted its quarterly earnings data on Monday, February 17th. The company reported GBX (0.02) ($0.00) earnings per share (EPS) for the quarter. On average, analysts anticipate that Sunrise Resources plc will post -2 EPS for the current year.

About Sunrise Resources

Sunrise Resources plc engages in the acquisition, exploration, and development of mineral projects in the United States and Western Australia. The company explores for gold, copper, silver, lead, zinc, precious metal, base metal, and industrial mineral projects. It mines at CS Pozzolan-Perlite project located in Nevada, the United States, as well as holds leases/option agreement in the Jackson Wash project located in Nevada, the United States.