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

Red Rock Resources Plc (LON:RRR) shares 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 0.02, with a volume of 4212983 shares traded. The stock had previously closed at GBX 0.03.

Red Rock Resources Price Performance

The company’s fifty day moving average is GBX 0.03 and its two-hundred day moving average is GBX 0.03. The firm has a market cap of £2.13 million, a price-to-earnings ratio of -0.33 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.

Red Rock Resources (LON:RRR) last announced its earnings results on Monday, December 22nd. The company reported GBX (0.07) EPS for the quarter.

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.