Red Rock Resources (LON:RRR) Reaches New 1-Year Low – Here’s Why

Shares of Red Rock Resources Plc (LON:RRRGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 35230051 shares changing hands. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Up 10.5%

The firm has a market cap of £1.94 million, a PE ratio of -0.35 and a beta of 1.60. The company has a current ratio of 0.20, a quick ratio of 0.08 and a debt-to-equity ratio of 20.07. The firm has a 50 day moving average price of GBX 0.02 and a 200-day moving average price of GBX 0.03.

Red Rock Resources (LON:RRRGet Free Report) last issued its earnings results on Wednesday, April 1st. The company reported GBX (0.02) earnings per share for the quarter.

Red Rock Resources Company Profile

(Get Free Report)

Red Rock Resources Plc engages in the production and exploration of natural resources assets in the South Africa, Kenya, Democratic Republic of Congo, Australia, and internationally. The company explores for manganese, iron ore, uranium, gold, copper, cobalt, lithium, and nickel, as well as oil and gas properties. It holds a 100% economic interest in the Migori Gold project located in Kenya. The company was incorporated in 2004 and is headquartered in London, the United Kingdom.

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