Red Rock Resources (LON:RRR) Trading 14.3% Higher – Time to Buy?

Shares of Red Rock Resources Plc (LON:RRR) traded up 14.3% during mid-day trading on Wednesday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 3,558,353 shares were traded during mid-day trading, a decline of 95% from the average session volume of 72,373,289 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Down 2.9%

The company has a market cap of £1.70 million, a price-to-earnings ratio of -1.80 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’s fifty day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.04.

Red Rock Resources (LON:RRR) last issued its quarterly earnings results on Monday, March 31st. The company reported GBX (0.03) ($0.00) EPS for the quarter.

Red Rock Resources Company Profile

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.