Red Rock Resources (LON:RRR) Sets New 1-Year Low – Time to Sell?

Shares of Red Rock Resources Plc (LON:RRRGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 18488719 shares. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Down 5.0%

The firm has a fifty day moving average price of GBX 0.02 and a 200-day moving average price of GBX 0.03. The company has a quick ratio of 0.08, a current ratio of 0.20 and a debt-to-equity ratio of 20.07. The firm has a market cap of £1.76 million, a price-to-earnings ratio of -0.32 and a beta of 1.60.

Red Rock Resources (LON:RRRGet Free Report) last issued its earnings results on Wednesday, April 1st. The company reported GBX (0.02) earnings per share for the quarter.

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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