Business
Here’s why the Surefire (ASX:SRN) share price has rocketed up 38% today
The Surefire Resources NL (ASX: SRN) share price is on fire today. Surefire shares are up 38.7% at the time of writing to 4.3 cents a share. Surefire shares closed at 3.2 cents on Friday last week, but opened at 4.7 cents a share this morning and shot as high as 5 cents before settling to the current price.
It’s been a spectacular trading day for Surefire, whose shares were essentially trading at zero for most of the year before jumping up in mid-July. Shareholders would be up 320% on their money between 31 July and today on current prices. As it stands, Surefire now has a market capitalisation of $32.1 million.
So why is this company appreciating in value so dramatically today?
Surefire gains?
Surefire put out some notices to…
-
Noosa News24 hours agoNew Story Bridge footpath decking will be similar to the South Bank boardwalk, with one footpath expected to be open by the end of 2025
-
General21 hours agoFormer Victorian Liberal leader John Pesutto to avoid bankruptcy after party agrees to loan him $1.55m
-
General15 hours agoIran-Israel conflict live: Trump says he will decide on US strikes ‘within the next two weeks’
-
General15 hours agoBudget billions helps cashed-up state lead debt battle