Red Rock Resources (LON:RRR) Hits New 52-Week Low – What’s Next?

Shares of Red Rock Resources Plc (LON:RRRGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 24379270 shares trading hands. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Performance

The stock has a market cap of £2.01 million, a price-to-earnings ratio of -0.35 and a beta of 1.60. The company’s fifty day simple moving average is GBX 0.02 and its two-hundred day simple moving average is GBX 0.02. The company has a debt-to-equity ratio of 20.07, a current ratio of 0.20 and a quick ratio of 0.08.

About Red Rock Resources

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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. 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.

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