Red Rock Resources (LON:RRR) Trading Down 14.3% – Here’s What Happened

Red Rock Resources Plc (LON:RRR)’s stock price was down 14.3% during mid-day trading on Monday . The company traded as low as GBX 0.02 and last traded at GBX 0.02. 14,129,231 shares changed hands during trading, a decline of 68% from the average session volume of 44,164,367 shares. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Performance

The company has a market cap of £1.72 million, a P/E ratio of -0.30 and a beta of 1.60. 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 stock has a 50 day moving average price of GBX 0.02 and a two-hundred day moving average price of GBX 0.02.

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.