Rockfire Resources (LON:ROCK) Shares Down 8.9% – Here’s Why

Rockfire Resources plc (LON:ROCKGet Free Report)’s stock price traded down 8.9% on Friday . The stock traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). 40,381,969 shares were traded during trading, an increase of 91% from the average session volume of 21,155,254 shares. The stock had previously closed at GBX 0.18 ($0.00).

Rockfire Resources Price Performance

The stock’s 50-day simple moving average is GBX 0.13 and its two-hundred day simple moving average is GBX 0.15. The firm has a market capitalization of £5.07 million, a P/E ratio of -2.20 and a beta of 0.38.

About Rockfire Resources

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Rockfire Resources plc, together with its subsidiaries, engages in the mineral exploration in Australia. The company explores for gold, silver, copper, zinc, lead, and molybdenum deposits. It holds five exploration permits for minerals in Queensland; and an exploration and exploitation license in Greece.

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