Red Rock Resources (LON:RRR) Reaches New 52-Week Low – Here’s Why

Red Rock Resources Plc (LON:RRR)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 77052469 shares. The stock had previously closed at GBX 0.02.

Red Rock Resources Trading Down 4.2%

The company has a market cap of £2.13 million, a PE ratio of -0.33 and a beta of 1.60. The company’s 50 day simple moving average is GBX 0.02 and its two-hundred day simple moving average is GBX 0.03. The company has a debt-to-equity ratio of 20.07, a current ratio of 0.20 and a quick ratio of 0.08.

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

About Red Rock Resources

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.