Red Rock Resources (LON:RRR) Hits New 1-Year Low – Time to Sell?

Red Rock Resources Plc (LON:RRR) shares hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 57928277 shares traded. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Performance

The company has a debt-to-equity ratio of 20.07, a current ratio of 0.20 and a quick ratio of 0.08. The business has a 50-day simple moving average of GBX 0.02 and a 200 day simple moving average of GBX 0.03. The firm has a market cap of £1.85 million, a PE ratio of -0.33 and a beta of 1.60.

Red Rock Resources (LON:RRR) last released its earnings results on Wednesday, April 1st. The company reported GBX (0.02) 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.