Red Rock Resources (LON:RRR) Hits New 52-Week Low – Time to Sell?

Red Rock Resources Plc (LON:RRR) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 21774129 shares. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Performance

The firm has a market capitalization of £1.94 million, a price-to-earnings ratio of -0.30 and a beta of 1.60. 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 company has a 50-day moving average price of GBX 0.02 and a 200-day moving average price of GBX 0.03.

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. 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.