Sunrise Resources (LON:SRES) Stock Price Down 23.1% – Time to Sell?

Sunrise Resources plc (LON:SRES) fell 23.1% during mid-day trading on Friday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 14,051,559 shares changed hands during mid-day trading, an increase of 101% from the average session volume of 6,974,278 shares. The stock had previously closed at GBX 0.04 ($0.00).

Sunrise Resources Stock Performance

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 firm’s 50-day moving average is GBX 0.04 and its 200 day moving average is GBX 0.05.

Sunrise Resources Company Profile

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.