Sunrise Resources (LON:SRES) Shares Down 13.3% – Should You Sell?

Shares of Sunrise Resources plc (LON:SRES) were down 13.3% on Monday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 35,555,293 shares traded hands during mid-day trading, an increase of 401% from the average daily volume of 7,090,461 shares. The stock had previously closed at GBX 0.03 ($0.00).

Sunrise Resources Price Performance

The firm has a 50 day moving average price of GBX 0.04 and a 200-day moving average price of GBX 0.05. The company has a quick ratio of 3.18, a current ratio of 0.71 and a debt-to-equity ratio of 12.48.

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.