Sunrise Resources (LON:SRES) Shares Down 6.7% – What’s Next?

Sunrise Resources plc (LON:SRES)’s share price fell 6.7% on Tuesday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 43,746,379 shares traded hands during trading, an increase of 514% from the average session volume of 7,123,758 shares. The stock had previously closed at GBX 0.03 ($0.00).

Sunrise Resources Stock Performance

The company’s 50 day simple moving average is GBX 0.04 and its 200-day simple moving average is GBX 0.05. The company has a quick ratio of 3.18, a current ratio of 0.71 and a debt-to-equity ratio of 12.48.

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.