Red Rock Resources (LON:RRR) Sets New 1-Year Low – Should You Sell?

Red Rock Resources Plc (LON:RRRGet Free Report)’s stock price hit a new 52-week low on Monday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 58068766 shares changing hands. The stock had previously closed at GBX 0.02.

Red Rock Resources Price Performance

The company has a debt-to-equity ratio of 20.07, a quick ratio of 0.08 and a current ratio of 0.20. The business’s 50 day simple moving average is GBX 0.02 and its 200-day simple moving average is GBX 0.02. The stock has a market capitalization of £2.20 million, a price-to-earnings ratio of -0.38 and a beta of 1.60.

Red Rock Resources (LON:RRRGet Free Report) last posted its earnings results on Wednesday, April 1st. The company reported GBX (0.02) EPS 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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