Red Rock Resources (LON:RRR) Stock Falls 16.7% – Should You Sell?

Red Rock Resources Plc (LON:RRR – Get Free Report) shares were down 16.7% on Monday. The company traded as low as GBX 0.01 and last traded at GBX 0.01. Approximately 912,077,125 shares traded hands during trading, an increase of 1,523% from the average session volume of 56,194,473 shares. The stock had previously closed at GBX 0.01.

Red Rock Resources Stock Performance

The stock has a 50 day moving average of GBX 0.02 and a 200 day moving average of GBX 0.02. 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 company has a market capitalization of £1.27 million, a price-to-earnings ratio of -0.18 and a beta of 1.60.

Red Rock Resources Company Profile

(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. 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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