Sunrise Resources (LON:SRES) Stock Price Down 7.9% – Time to Sell?

Sunrise Resources plc (LON:SRES)’s stock price fell 7.9% on Thursday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 2,000,000 shares traded hands during trading, a decline of 70% from the average session volume of 6,647,158 shares. The stock had previously closed at GBX 0.04 ($0.00).

Sunrise Resources Price Performance

The company has a debt-to-equity ratio of 12.48, a quick ratio of 3.18 and a current ratio of 0.71. The company’s 50 day moving average is GBX 0.04 and its two-hundred day moving average is GBX 0.05.

Sunrise Resources Company Profile

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.