Sunrise Resources (LON:SRES) Trading Down 16.7% – What’s Next?

Sunrise Resources plc (LON:SRES)’s stock price traded down 16.7% during mid-day trading on Wednesday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 41,440,141 shares were traded during mid-day trading, an increase of 349% from the average session volume of 9,232,280 shares. The stock had previously closed at GBX 0.02 ($0.00).

Sunrise Resources Trading Down 16.7 %

The company has a debt-to-equity ratio of 12.48, a current ratio of 0.71 and a quick ratio of 3.18. The company has a 50-day moving average price of GBX 0.03 and a 200-day moving average price of GBX 0.04.

Sunrise Resources (LON:SRES) last released its earnings results on Thursday, February 13th. The company reported GBX (0.02) ($0.00) earnings per share for the quarter. On average, equities analysts anticipate that Sunrise Resources plc will post -2 EPS for the current fiscal year.

Sunrise Resources Company Profile

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.