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

Red Rock Resources Plc (LON:RRRGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 40156168 shares trading hands. The stock had previously closed at GBX 0.02.

Red Rock Resources Price Performance

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 stock’s 50-day simple moving average is GBX 0.02 and its two-hundred day simple moving average is GBX 0.02. The company has a market capitalization of £1.92 million, a price-to-earnings ratio of -0.33 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. 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.

Further Reading

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