Red Rock Resources (LON:RRR) Stock Falls 16.7% – Should You Sell?

Red Rock Resources Plc (LON:RRR – Get Free Report) dropped 16.7% on Monday. The stock traded as low as GBX 0.01 and last traded at GBX 0.01. Approximately 912,077,125 shares were traded during mid-day trading, an increase of 1,523% from the average daily volume of 56,194,473 shares. The stock had previously closed at GBX 0.01.

Red Rock Resources Price Performance

The company has a quick ratio of 0.08, a current ratio of 0.20 and a debt-to-equity ratio of 20.07. The firm has a market cap of £1.15 million, a PE ratio of -0.17 and a beta of 1.60. The stock has a 50 day moving average price of GBX 0.02 and a two-hundred day moving average price of GBX 0.02.

About Red Rock Resources

(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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