Red Rock Resources (LON:RRR) Shares Down 11.4% – Should You Sell?

Red Rock Resources Plc (LON:RRRGet Free Report)’s stock price was down 11.4% during mid-day trading on Tuesday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 1,266,066 shares changed hands during trading, a decline of 98% from the average daily volume of 65,523,344 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Up 6.1%

The company has a 50-day simple moving average of GBX 0.03 and a 200-day simple moving average of GBX 0.04. The company has a debt-to-equity ratio of 20.07, a current ratio of 0.20 and a quick ratio of 0.08. The firm has a market cap of £1.75 million, a PE ratio of -1.80 and a beta of 1.60.

Red Rock Resources (LON:RRRGet Free Report) last posted its earnings results on Monday, March 31st. The company reported GBX (0.03) ($0.00) earnings per share for the quarter.

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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