Rockfire Resources (LON:ROCK) Reaches New 12-Month Low – Here’s Why

Shares of Rockfire Resources plc (LON:ROCK) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 0.10 and last traded at GBX 0.10, with a volume of 112489859 shares trading hands. The stock had previously closed at GBX 0.11.

Rockfire Resources Trading Up 1.9%

The company’s fifty day moving average is GBX 0.11 and its 200 day moving average is GBX 0.13. The company has a market capitalization of £11.20 million, a P/E ratio of -3.50 and a beta of 0.38.

About Rockfire Resources

Rockfire Resources plc is a progressive copper and gold exploration company with a strong growth strategy. The Company has a goal of delineating significant copper and gold resources to move its projects towards feasibility and development.

Our three projects in Queensland, Australia are actively being explored and Rockfire is achieving success through exploration. Concurrently, the Company is examining opportunities to acquire new, highly-prospective copper/gold projects worldwide.