Red Rock Resources (LON:RRR) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Red Rock Resources Plc (LON:RRR)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.03 and traded as low as GBX 0.03. Red Rock Resources shares last traded at GBX 0.03, with a volume of 4,313,617 shares trading hands.

Red Rock Resources Stock Performance

The stock has a market cap of £2.50 million, a price-to-earnings ratio of -0.39 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. The firm has a fifty day moving average of GBX 0.03 and a 200 day moving average of GBX 0.03.

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

About Red Rock Resources

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.