Red Rock Resources (LON:RRR) Trading Down 4.8% – Here’s What Happened

Red Rock Resources Plc (LON:RRRGet Free Report)’s share price dropped 4.8% during mid-day trading on Wednesday . The company traded as low as GBX 0.02 and last traded at GBX 0.02. 24,765,967 shares changed hands during trading, a decline of 41% from the average daily volume of 42,106,723 shares. The stock had previously closed at GBX 0.02.

Red Rock Resources Price Performance

The company’s 50-day simple moving average is GBX 0.02 and its 200 day simple moving average is GBX 0.02. 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 £1.92 million, a PE ratio of -0.33 and a beta of 1.60.

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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