Sunrise Resources (LON:SRES) Stock Price Down 23.1% – Here’s What Happened

Sunrise Resources plc (LON:SRES) shares traded down 23.1% on Friday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 14,051,559 shares changed hands during trading, an increase of 101% from the average session volume of 6,974,278 shares. The stock had previously closed at GBX 0.04 ($0.00).

Sunrise Resources Trading Down 23.1 %

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

About Sunrise Resources

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.