Red Rock Resources (LON:RRR) Stock Price Down 14.6% – Should You Sell?

Red Rock Resources Plc (LON:RRRGet Free Report)’s share price dropped 14.6% during mid-day trading on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 14,306,310 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 55,680,816 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Price Performance

The firm’s fifty day simple moving average is GBX 0.04 and its 200 day simple moving average is GBX 0.05. The company has a current ratio of 0.20, a quick ratio of 0.08 and a debt-to-equity ratio of 20.07. The company has a market cap of £2 million, a price-to-earnings ratio of -1.80 and a beta of 1.60.

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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