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

Shares of Sunrise Resources plc (LON:SRESGet Free Report) were down 16.7% on Wednesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 41,440,141 shares changed hands during trading, an increase of 349% from the average daily volume of 9,232,280 shares. The stock had previously closed at GBX 0.02 ($0.00).

Sunrise Resources Stock Performance

The stock’s 50 day moving average is GBX 0.03 and its two-hundred day moving average is GBX 0.04. The company has a debt-to-equity ratio of 12.48, a quick ratio of 3.18 and a current ratio of 0.71.

Sunrise Resources (LON:SRESGet Free Report) last released its earnings results on Monday, February 17th. The company reported GBX (0.02) ($0.00) earnings per share for the quarter. Analysts anticipate that Sunrise Resources plc will post -2 EPS for the current year.

About Sunrise Resources

(Get Free Report)

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.

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