Red Rock Resources (LON:RRR) Sets New 12-Month Low – Should You Sell?

Shares of Red Rock Resources Plc (LON:RRRGet Free Report) reached a new 52-week low on Friday . The company traded as low as GBX 0.02 and last traded at GBX 0.03, with a volume of 379980219 shares. The stock had previously closed at GBX 0.04.

Red Rock Resources Stock Performance

The firm has a fifty day simple moving average of GBX 0.04 and a 200 day simple moving average of GBX 0.03. 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 stock has a market cap of £1.81 million, a price-to-earnings ratio of -0.42 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.

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