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

Sunrise Resources plc (LON:SRES)’s share price fell 16.7% during 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 traded hands 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 Stock Performance

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 simple moving average of GBX 0.03 and a 200 day simple moving average of GBX 0.04.

Sunrise Resources (LON:SRES) last issued its earnings results on Thursday, February 13th. The company reported GBX (0.02) ($0.00) earnings per share (EPS) for the quarter. Sell-side analysts expect that Sunrise Resources plc will post -2 earnings per share for the current 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.