Red Rock Resources (LON:RRR) Reaches New 12-Month Low – Here’s Why

Red Rock Resources Plc (LON:RRR) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 9062277 shares changing hands. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Down 4.5%

The firm has a 50-day simple moving average of GBX 0.02 and a 200 day simple moving average of GBX 0.03. The company has a market capitalization of £1.94 million, a PE ratio of -0.30 and a beta of 1.60. 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 posted its earnings results on Monday, December 22nd. The company reported GBX (0.07) earnings per share (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.