Red Rock Resources (LON:RRR) Trading Down 7.3% – Time to Sell?

Red Rock Resources Plc (LON:RRRGet Free Report)’s share price dropped 7.3% during mid-day trading on Friday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 2,709,705 shares changed hands during trading, a decline of 93% from the average daily volume of 38,216,727 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Price 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 business’s fifty day simple moving average is GBX 0.04 and its 200 day simple moving average is GBX 0.04. The stock has a market cap of £1.90 million, a price-to-earnings ratio of -1.80 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.

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