Red Rock Resources (LON:RRR) Stock Price Down 14.3% – Here’s Why

Red Rock Resources Plc (LON:RRR)’s stock price dropped 14.3% on Monday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02. Approximately 14,129,231 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 44,164,367 shares. The stock had previously closed at GBX 0.02.

Red Rock Resources Price Performance

The stock has a market capitalization of £1.72 million, a P/E 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. The company’s 50-day simple moving average is GBX 0.02 and its 200-day simple moving average is GBX 0.02.

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.