Sunrise Resources (LON:SRES) Stock Price Up 8.7% – Time to Buy?

Sunrise Resources plc (LON:SRESGet Free Report) traded up 8.7% during mid-day trading on Thursday . The stock traded as high as GBX 0.03 and last traded at GBX 0.03. 2,784,531 shares were traded during trading, a decline of 84% from the average session volume of 17,090,076 shares. The stock had previously closed at GBX 0.02.

Sunrise Resources Trading Up 8.7%

The company has a fifty day simple moving average of GBX 0.03 and a 200-day simple moving average of GBX 0.03. The company has a current ratio of 0.71, a quick ratio of 3.18 and a debt-to-equity ratio of 12.48. The stock has a market cap of £2.18 million, a price-to-earnings ratio of -4.17 and a beta of 0.88.

Sunrise Resources Company Profile

(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. The company was formerly known as Sunrise Diamonds plc and changed its name to Sunrise Resources plc in May 2010.

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