Red Rock Resources (LON:RRR) Hits New 52-Week Low – Time to Sell?

Red Rock Resources Plc (LON:RRR)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 8445820 shares trading hands. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Performance

The company has a fifty day moving average of GBX 0.03 and a two-hundred day moving average of GBX 0.03. The firm has a market capitalization of £2.13 million, a price-to-earnings ratio of -0.33 and a beta of 1.60. The company has a debt-to-equity ratio of 20.07, a quick ratio of 0.08 and a current ratio of 0.20.

Red Rock Resources (LON:RRR) last posted its quarterly earnings data on Monday, December 22nd. The company reported GBX (0.07) earnings per share (EPS) for the quarter.

Red Rock Resources Company Profile

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.