Red Rock Resources (LON:RRR) Trading Down 8.6% – Time to Sell?

Red Rock Resources Plc (LON:RRRGet Free Report) shares dropped 8.6% during mid-day trading on Thursday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 3,839,443 shares traded hands during trading, a decline of 96% from the average daily volume of 90,075,430 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Up 9.1 %

The company has a debt-to-equity ratio of 20.07, a current ratio of 0.20 and a quick ratio of 0.08. The business has a 50 day simple moving average of GBX 0.04 and a 200 day simple moving average of GBX 0.04. The stock has a market cap of £1.80 million, a PE ratio of -1.80 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.

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