Red Rock Resources (LON:RRR) Reaches New 52-Week Low – What’s Next?

Red Rock Resources Plc (LON:RRR) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 0.02 and last traded at GBX 0.03, with a volume of 12386541 shares traded. The stock had previously closed at GBX 0.03.

Red Rock Resources Price Performance

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 company’s 50 day moving average is GBX 0.03 and its 200 day moving average is GBX 0.03. The firm has a market capitalization of £2.13 million, a price-to-earnings ratio of -0.33 and a beta of 1.60.

Red Rock Resources (LON:RRR) last released its quarterly earnings data on Monday, December 22nd. The company reported GBX (0.07) earnings per share for the quarter.

About Red Rock Resources

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.