James Cole Buys 39,764,880 Shares of Sunrise Resources plc (LON:SRES) Stock

Sunrise Resources plc (LON:SRES) insider James Cole purchased 39,764,880 shares of the firm’s stock in a transaction on Wednesday, March 12th. The stock was acquired at an average price of GBX 2 ($0.03) per share, for a total transaction of £795,297.60 ($1,030,178.24).

Sunrise Resources Stock Performance

Shares of SRES stock opened at GBX 0.02 ($0.00) on Friday. Sunrise Resources plc has a 1 year low of GBX 0.02 ($0.00) and a 1 year high of GBX 0.08 ($0.00). The firm has a fifty day moving average price of GBX 0.02 and a 200-day moving average price of GBX 0.04. The company has a debt-to-equity ratio of 12.48, a current ratio of 0.71 and a quick ratio of 3.18.

Sunrise Resources (LON:SRES) last released its quarterly earnings results on Monday, February 17th. The company reported GBX (0.02) ($0.00) earnings per share (EPS) for the quarter. As a group, sell-side analysts anticipate that Sunrise Resources plc will post -2 earnings per share for the current year.

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.