Red Rock Resources (LON:RRR) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Red Rock Resources Plc (LON:RRRGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.03 and traded as low as GBX 0.03. Red Rock Resources shares last traded at GBX 0.03, with a volume of 86,170,703 shares changing hands.

Red Rock Resources Stock Up 3.6%

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 company has a market cap of £2.68 million, a price-to-earnings ratio of -0.41 and a beta of 1.60. The stock’s fifty day moving average is GBX 0.03 and its two-hundred day moving average is GBX 0.03.

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

About Red Rock Resources

(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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