Rockfire Resources (LON:ROCK) Trading Down 3.8% – Should You Sell?

Rockfire Resources plc (LON:ROCK) shares fell 3.8% during mid-day trading on Thursday . The stock traded as low as GBX 0.20 and last traded at GBX 0.20. 29,818,037 shares changed hands during trading, a decline of 83% from the average session volume of 179,621,625 shares. The stock had previously closed at GBX 0.21.

Rockfire Resources Stock Down 4.0%

The firm has a market cap of £16.78 million, a price-to-earnings ratio of -3.84 and a beta of 0.38. The stock has a 50 day moving average of GBX 0.17 and a 200 day moving average of GBX 0.18.

About Rockfire Resources

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.