Sunrise Resources (LON:SRES) Stock Price Down 6.7% – Should You Sell?

Shares of Sunrise Resources plc (LON:SRES) were down 6.7% during mid-day trading on Monday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 43,746,379 shares changed hands during trading, an increase of 514% from the average daily volume of 7,123,758 shares. The stock had previously closed at GBX 0.03 ($0.00).

Sunrise Resources Stock Down 6.7 %

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

About Sunrise Resources

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.