Red Rock Resources (LON:RRR) Shares Down 16% – Time to Sell?

Shares of Red Rock Resources Plc (LON:RRRGet Free Report) were down 16% during mid-day trading on Wednesday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 27,070,523 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 54,786,488 shares. The stock had previously closed at GBX 0.05 ($0.00).

Red Rock Resources Trading Down 16.0 %

The company has a 50 day simple moving average of GBX 0.04 and a 200 day simple moving average of GBX 0.05. The stock has a market capitalization of £2.10 million, a PE ratio of -1.80 and a beta of 1.60. The company has a current ratio of 0.20, a quick ratio of 0.08 and a debt-to-equity ratio of 20.07.

About Red Rock Resources

(Get Free Report)

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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