Red Rock Resources (LON:RRR) Stock Price Down 9.5% – Time to Sell?

Red Rock Resources Plc (LON:RRR) shares fell 9.5% during trading on Thursday . The company traded as low as GBX 0.02 and last traded at GBX 0.02. 185,886,266 shares changed hands during trading, an increase of 352% from the average session volume of 41,156,711 shares. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Performance

The stock has a market capitalization of £1.76 million, a P/E ratio of -0.32 and a beta of 1.60. The stock has a 50 day moving average of GBX 0.02 and a 200 day moving average of GBX 0.03. The company has a debt-to-equity ratio of 20.07, a quick ratio of 0.08 and a current ratio of 0.20.

Red Rock Resources (LON:RRR) last issued its quarterly earnings data on Wednesday, April 1st. The company reported GBX (0.02) 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.