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

Red Rock Resources Plc (LON:RRR)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.02 and last traded at GBX 0.03, with a volume of 187053156 shares traded. The stock had previously closed at GBX 0.03.

Red Rock Resources Stock Performance

The company has a market cap of £2.40 million, a P/E ratio of -0.37 and a beta of 1.60. The company has a quick ratio of 0.08, a current ratio of 0.20 and a debt-to-equity ratio of 20.07. The stock’s 50-day moving average price is GBX 0.03 and its 200 day moving average price is GBX 0.03.

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