Red Rock Resources (LON:RRR) Sets New 1-Year Low – Here’s Why

Red Rock Resources Plc (LON:RRR – Get Free Report) reached a new 52-week low during mid-day trading on Monday. The company traded as low as GBX 0.01 and last traded at GBX 0.01, with a volume of 4,476,809 shares changing hands. The stock had previously closed at GBX 0.01.

Red Rock Resources Stock Performance

The stock’s 50-day moving average price is GBX 0.02 and its 200 day moving average price is GBX 0.02. The firm has a market cap of £1.62 million, a P/E ratio of -0.23 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 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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