Red Rock Resources (LON:RRR) Hits New 52-Week Low – Here’s What Happened

Red Rock Resources Plc (LON:RRR) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 25753287 shares trading hands. The stock had previously closed at GBX 0.03.

Red Rock Resources Price Performance

The company has a debt-to-equity ratio of 20.07, a quick ratio of 0.08 and a current ratio of 0.20. The stock has a market cap of £2.22 million, a P/E ratio of -0.34 and a beta of 1.60. The firm has a 50-day moving average price of GBX 0.03 and a 200-day moving average price of GBX 0.03.

Red Rock Resources (LON:RRR) last posted its quarterly earnings data on Monday, December 22nd. The company reported GBX (0.07) EPS for the quarter.

Red Rock Resources Company Profile

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.