Red Rock Resources (LON:RRR) Stock Price Down 14.6% – Should You Sell?

Red Rock Resources Plc (LON:RRRGet Free Report) shares were down 14.6% during mid-day trading on Tuesday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 14,306,310 shares changed hands during trading, a decline of 74% from the average daily volume of 55,680,816 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Performance

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 market cap of £2 million, a PE ratio of -1.80 and a beta of 1.60. The company’s 50 day moving average price is GBX 0.04 and its 200 day moving average price is GBX 0.05.

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.

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