Sunrise Resources (LON:SRES) Stock Price Up 8.1% – Here’s What Happened

Sunrise Resources plc (LON:SRESGet Free Report)’s share price was up 8.1% during trading on Monday . The stock traded as high as GBX 0.04 and last traded at GBX 0.04. Approximately 10,285,256 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 25,637,418 shares. The stock had previously closed at GBX 0.04.

Sunrise Resources Price 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 stock has a 50-day simple moving average of GBX 0.03 and a 200 day simple moving average of GBX 0.03. The stock has a market capitalization of £3.12 million, a price-to-earnings ratio of -6.67 and a beta of 0.88.

Sunrise Resources Company Profile

(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. The company was formerly known as Sunrise Diamonds plc and changed its name to Sunrise Resources plc in May 2010.

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