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

Red Rock Resources Plc (LON:RRR) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 4212983 shares. The stock had previously closed at GBX 0.03.

Red Rock Resources Stock Down 8.0%

The stock has a fifty day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.03. The firm has a market cap of £2.13 million, a PE 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.

Red Rock Resources (LON:RRR) last released its quarterly earnings data on Monday, December 22nd. The company reported GBX (0.07) 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.