Rockfire Resources (LON:ROCK) Shares Up 7.5% – Time to Buy?

Rockfire Resources plc (LON:ROCK)’s share price rose 7.5% during mid-day trading on Tuesday . The company traded as high as GBX 0.15 ($0.00) and last traded at GBX 0.14 ($0.00). Approximately 47,631,180 shares changed hands during mid-day trading, an increase of 3% from the average daily volume of 46,195,668 shares. The stock had previously closed at GBX 0.13 ($0.00).

Rockfire Resources Stock Performance

The firm has a fifty day moving average price of GBX 0.16 and a 200 day moving average price of GBX 0.15. The stock has a market cap of £4.94 million, a PE 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.