Red Rock Resources (LON:RRR) Reaches New 1-Year Low – Should You Sell?

by · The Markets Daily

Red Rock Resources Plc (LON:RRR – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.04 ($0.00), with a volume of 66715195 shares trading hands. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Price Performance

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 stock has a market capitalization of £1.90 million, a price-to-earnings ratio of -1.80 and a beta of 1.60. The stock’s 50 day simple moving average is GBX 0.04 and its 200-day simple moving average is GBX 0.05.

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.

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