Red Rock Resources (LON:RRR) Trading Down 16% – Should You Sell?

Red Rock Resources Plc (LON:RRR) traded down 16% on Wednesday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 27,070,523 shares traded hands during trading, a decline of 51% from the average session volume of 54,786,488 shares. The stock had previously closed at GBX 0.05 ($0.00).

Red Rock Resources Stock Down 16.0 %

The company has a market cap of £2.10 million, a price-to-earnings ratio of -1.80 and a beta of 1.60. 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 business has a 50-day simple moving average of GBX 0.04 and a 200-day simple moving average of GBX 0.05.

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.