Rockfire Resources (LON:ROCK) Stock Jumps 12% – Here’s What Happened

Rockfire Resources plc (LON:ROCK – Get Free Report) traded up 12% during mid-day trading on Tuesday. The company traded as high as GBX 0.12 and last traded at GBX 0.12. 1,336,423,750 shares changed hands during mid-day trading, an increase of 1,361% from the average session volume of 91,504,391 shares. The stock had previously closed at GBX 0.11.

Rockfire Resources Stock Up 12.0%

The firm has a 50 day moving average of GBX 0.11 and a 200-day moving average of GBX 0.13. The company has a market cap of £12.90 million, a P/E ratio of -4.03 and a beta of 0.38.

Rockfire Resources (LON:ROCK – Get Free Report) last issued its earnings results on Monday, September 28th. The company reported GBX (0.01) earnings per share for the quarter.

Rockfire Resources Company Profile

(Get Free Report)

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. Concurrently, the Company is examining opportunities to acquire new, highly-prospective copper/gold projects worldwide.

Featured Articles

Receive News & Ratings for Rockfire Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rockfire Resources and related companies with MarketBeat.com's FREE daily email newsletter.