Red Rock Resources (LON:RRR) Trading Down 14.6% – Here’s Why

Red Rock Resources Plc (LON:RRRGet Free Report)’s share price fell 14.6% during mid-day trading on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 14,306,310 shares were traded during mid-day trading, a decline of 74% from the average session volume of 55,680,816 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Down 14.6 %

The company has a market cap of £1.75 million, a PE ratio of -1.80 and a beta of 1.60. The stock’s 50 day moving average price is GBX 0.04 and its 200-day moving average price is GBX 0.05. 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 Company Profile

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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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