Red Rock Resources (LON:RRR) Stock Price Down 18.2% – Here’s What Happened

Shares of Red Rock Resources Plc (LON:RRR) traded down 18.2% during mid-day trading on Tuesday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 22,978,719 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 84,493,203 shares. The stock had previously closed at GBX 0.03 ($0.00).

Red Rock Resources Stock Down 18.2 %

The business’s 50 day simple moving average is GBX 0.04 and its 200-day simple moving average is GBX 0.04. The company has a debt-to-equity ratio of 20.07, a quick ratio of 0.08 and a current ratio of 0.20. The company has a market cap of £1.35 million, a price-to-earnings ratio of -1.80 and a beta of 1.60.

Red Rock Resources (LON:RRR) last issued its earnings results on Monday, March 31st. The company reported GBX (0.03) ($0.00) 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.