Red Rock Resources (LON:RRR) Trading 4.8% Higher – Time to Buy?

Red Rock Resources Plc (LON:RRRGet Free Report) traded up 4.8% during trading on Friday . The stock traded as high as GBX 0.02 and last traded at GBX 0.02. 31,929,467 shares traded hands during trading, a decline of 24% from the average daily volume of 41,876,047 shares. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Performance

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’s fifty day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.02. The company has a market capitalization of £2.11 million, a P/E ratio of -0.37 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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