Red Rock Resources (LON:RRR) Stock Price Down 9.8% – Should You Sell?

Red Rock Resources Plc (LON:RRRGet Free Report) dropped 9.8% during mid-day trading on Monday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 9,952,827 shares changed hands during trading, a decline of 93% from the average daily volume of 132,729,703 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Performance

The company has a quick ratio of 0.08, a current ratio of 0.20 and a debt-to-equity ratio of 20.07. The company has a 50-day moving average price of GBX 0.04 and a 200-day moving average price of GBX 0.04. The firm has a market capitalization of £1.85 million, a price-to-earnings ratio of -1.80 and a beta of 1.60.

About Red Rock Resources

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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.

Further Reading

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