Red Rock Resources (LON:RRR) Sets New 52-Week Low – Here’s Why

Red Rock Resources Plc (LON:RRR)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 7744141 shares trading hands. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Performance

The firm has a market capitalization of £2.11 million, a P/E ratio of -0.37 and a beta of 1.60. The company has a current ratio of 0.20, a quick ratio of 0.08 and a debt-to-equity ratio of 20.07. The business’s 50 day simple moving average is GBX 0.02 and its two-hundred day simple moving average is GBX 0.02.

Red Rock Resources (LON:RRR) last released its quarterly earnings data on Wednesday, April 1st. The company reported GBX (0.02) earnings per share 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.