Rockfire Resources (LON:ROCK) Stock Price Up 1.9% – Still a Buy?

Rockfire Resources plc (LON:ROCK)’s share price shot up 1.9% during mid-day trading on Saturday . The company traded as high as GBX 0.19 ($0.00) and last traded at GBX 0.16 ($0.00). 36,140,535 shares were traded during trading, an increase of 74% from the average session volume of 20,806,648 shares. The stock had previously closed at GBX 0.16 ($0.00).

Rockfire Resources Stock Up 1.9 %

The firm has a market capitalization of £4.88 million, a price-to-earnings ratio of -2.20 and a beta of 0.38. The stock’s 50-day moving average price is GBX 0.12 and its 200 day moving average price is GBX 0.15.

Rockfire Resources Company Profile

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.