Sunrise Resources (LON:SRES) Stock Price Down 13.3% – Here’s What Happened

Sunrise Resources plc (LON:SRESGet Free Report) traded down 13.3% during mid-day trading on Thursday . The company traded as low as GBX 0.01 and last traded at GBX 0.01. 186,035,094 shares traded hands during trading, an increase of 914% from the average session volume of 18,340,385 shares. The stock had previously closed at GBX 0.01.

Sunrise Resources Stock Down 7.1%

The business has a 50-day moving average price of GBX 0.02 and a 200-day moving average price of GBX 0.02. The stock has a market cap of £1.22 million, a PE ratio of -2.60 and a beta of 0.88. The company has a current ratio of 0.71, a quick ratio of 3.17 and a debt-to-equity ratio of 12.48.

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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