Red Rock Resources (LON:RRR) Stock Price Down 8% – What’s Next?

Red Rock Resources Plc (LON:RRR)’s stock price fell 8% on Thursday . The company traded as low as GBX 0.02 and last traded at GBX 0.02. 23,745,818 shares traded hands during trading, a decline of 46% from the average session volume of 44,361,773 shares. The stock had previously closed at GBX 0.03.

Red Rock Resources Stock Performance

The company has a market capitalization of £2.13 million, a P/E ratio of -0.33 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’s fifty day simple moving average is GBX 0.03 and its 200-day simple moving average is GBX 0.03.

Red Rock Resources (LON:RRR) last issued its earnings results on Monday, December 22nd. The company reported GBX (0.07) earnings per share (EPS) for the quarter.

About Red Rock Resources

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.