Red Rock Resources (LON:RRR) Trading Down 12.5% – What’s Next?

Red Rock Resources Plc (LON:RRRGet Free Report) dropped 12.5% during mid-day trading on Thursday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 56,911,676 shares were traded during trading, a decline of 46% from the average daily volume of 105,623,305 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Performance

The stock’s 50-day moving average is GBX 0.04 and its 200-day moving average is GBX 0.04. The stock has a market cap of £1.75 million, a price-to-earnings ratio of -1.80 and a beta of 1.60. The company has a debt-to-equity ratio of 20.07, a current ratio of 0.20 and a quick ratio of 0.08.

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.

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