Red Rock Resources (LON:RRR) Hits New 1-Year Low – Should You Sell?

Red Rock Resources Plc (LON:RRR)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 0.02 and last traded at GBX 0.03, with a volume of 2726522 shares trading hands. The stock had previously closed at GBX 0.03.

Red Rock Resources Trading Up 4.0%

The business has a fifty day moving average price of GBX 0.03 and a two-hundred day moving average price of GBX 0.03. 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 firm has a market capitalization of £1.89 million, a PE ratio of -0.43 and a beta of 1.60.

Red Rock Resources (LON:RRR) last posted its earnings results 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.