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

Shares of Rockfire Resources plc (LON:ROCKGet Free Report) dropped 8.9% during mid-day trading on Friday . The company traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 34,387,668 shares traded hands during trading, an increase of 63% from the average daily volume of 21,131,275 shares. The stock had previously closed at GBX 0.18 ($0.00).

Rockfire Resources Trading Down 8.9 %

The business has a fifty day simple moving average of GBX 0.13 and a 200 day simple moving average of GBX 0.15. The stock 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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