Sunrise Resources (LON:SRES) Share Price Passes Below 200 Day Moving Average – Here’s Why

Sunrise Resources plc (LON:SRESGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.03 and traded as low as GBX 0.02. Sunrise Resources shares last traded at GBX 0.02, with a volume of 914,428 shares trading hands.

Sunrise Resources Stock Performance

The stock has a 50 day moving average of GBX 0.02 and a two-hundred day moving average of GBX 0.03. The stock has a market capitalization of £1.41 million, a PE ratio of -2.50 and a beta of 0.88. The company has a debt-to-equity ratio of 12.48, a current ratio of 0.71 and a quick ratio of 3.17.

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

Featured Stories

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