Red Rock Resources (LON:RRR) Sets New 52-Week Low – Should You Sell?

Shares of Red Rock Resources Plc (LON:RRRGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 18488719 shares changing hands. The stock had previously closed at GBX 0.02.

Red Rock Resources Trading Up 10.5%

The firm has a market capitalization of £1.94 million, a PE ratio of -0.35 and a beta of 1.60. The company’s 50-day simple moving average is GBX 0.02 and its 200 day simple moving average is GBX 0.03. The company has a quick ratio of 0.08, a current ratio of 0.20 and a debt-to-equity ratio of 20.07.

Red Rock Resources (LON:RRRGet Free Report) last released its quarterly earnings results on Wednesday, April 1st. The company reported GBX (0.02) EPS 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. 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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