Sunrise Resources (LON:SRES) Stock Price Down 6.7% – Here’s Why

Sunrise Resources plc (LON:SRESGet Free Report) shares dropped 6.7% during mid-day trading on Tuesday . 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 were traded during mid-day 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 Performance

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

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.

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