Red Rock Resources (LON:RRR) Stock Price Up 9.1% – Here’s Why

Red Rock Resources Plc (LON:RRRGet Free Report) shot up 9.1% during mid-day trading on Saturday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 7,436,979 shares were traded during trading, a decline of 92% from the average session volume of 88,698,141 shares. The stock had previously closed at GBX 0.03 ($0.00).

Red Rock Resources Trading Up 9.1 %

The company has a current ratio of 0.20, a quick ratio of 0.08 and a debt-to-equity ratio of 20.07. The firm has a 50-day moving average price of GBX 0.04 and a 200-day moving average price of GBX 0.04. The company has a market capitalization of £1.80 million, a price-to-earnings ratio of -1.80 and a beta of 1.60.

Red Rock Resources Company Profile

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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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