Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
The latest announcement is out from Rockfire Resources PLC ( (GB:ROCK) ).
Rockfire Resources PLC has completed the final payment for the acquisition of Hellenic Minerals S.A., issuing 185 million new ordinary shares as part of the transaction. This marks a significant milestone for Rockfire, as it now fully controls the Molaoi Zn/Pb/Ag deposit in Greece, which has a substantial zinc-equivalent metal content. The completion of this acquisition strengthens Rockfire’s position in the base and precious metal exploration industry, potentially enhancing its market value and offering growth opportunities for stakeholders.
More about Rockfire Resources PLC
Rockfire Resources PLC is a gold, base metal, and critical mineral exploration company with a focus on high-grade zinc, lead, silver, and germanium deposits in Greece, as well as gold, copper, and silver projects in Queensland, Australia.
YTD Price Performance: -35.00%
Average Trading Volume: 111,388,390
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.63M
For detailed information about ROCK stock, go to TipRanks’ Stock Analysis page.