Red Rock Resources (LON:RRR) Trading Down 9.5% – Time to Sell?

Red Rock Resources Plc (LON:RRRGet Free Report) fell 9.5% on Thursday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02. 105,388,172 shares were traded during trading, an increase of 154% from the average session volume of 41,534,547 shares. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Performance

The firm has a market capitalization of £1.84 million, a PE ratio of -0.32 and a beta of 1.60. The business has a 50-day simple moving average of GBX 0.02 and a 200-day simple moving average of GBX 0.02. The company has a debt-to-equity ratio of 20.07, a current ratio of 0.20 and a quick ratio of 0.08.

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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