Red Rock Resources (LON:RRR) Reaches New 52-Week Low – Should You Sell?

Red Rock Resources Plc (LON:RRRGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 40156168 shares traded. The stock had previously closed at GBX 0.02.

Red Rock Resources Trading Down 4.8%

The company has a 50 day moving average of GBX 0.02 and a 200 day moving average of GBX 0.02. 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 stock has a market capitalization of £1.92 million, a price-to-earnings ratio of -0.33 and a beta of 1.60.

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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