Red Rock Resources (LON:RRR) Shares Down 14.3% – Time to Sell?

Red Rock Resources Plc (LON:RRRGet Free Report) traded down 14.3% during mid-day trading on Monday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02. Approximately 14,129,231 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 44,164,367 shares. The stock had previously closed at GBX 0.02.

Red Rock Resources Price Performance

The company has a market cap of £1.92 million, a price-to-earnings ratio of -0.33 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 has a 50-day moving average price of GBX 0.02 and a 200 day moving average price of GBX 0.02.

About Red Rock Resources

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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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