Red Rock Resources (LON:RRR) Stock Falls 15.8% – What’s Next?

Red Rock Resources Plc (LON:RRR – Get Free Report)’s stock price dropped 15.8% on Wednesday. The stock traded as low as GBX 0.01 and last traded at GBX 0.02. Approximately 247,678,828 shares were traded during mid-day trading, an increase of 492% from the average session volume of 41,834,504 shares. The stock had previously closed at GBX 0.02.

Red Rock Resources Trading Up 6.3%

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 firm has a market capitalization of £1.64 million, a PE ratio of -0.28 and a beta of 1.60. The stock’s 50-day simple moving average is GBX 0.02 and its 200-day simple moving average is GBX 0.02.

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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