Red Rock Resources (LON:RRR) Hits New 52-Week Low – Should You Sell?

Red Rock Resources Plc (LON:RRRGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 555880 shares changing hands. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Down 4.2%

The business’s fifty day simple moving average is GBX 0.02 and its 200 day simple moving average is GBX 0.03. The company has a current ratio of 0.20, a quick ratio of 0.08 and a debt-to-equity ratio of 20.07. The stock has a market cap of £2.13 million, a price-to-earnings ratio of -0.33 and a beta of 1.60.

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

Red Rock Resources Company Profile

(Get Free Report)

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.

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