Red Rock Resources (LON:RRR) Stock Price Down 10% – Should You Sell?

Shares of Red Rock Resources Plc (LON:RRR) dropped 10% during mid-day trading on Monday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 37,132,688 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 55,225,398 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Down 10.0 %

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 simple moving average is GBX 0.04 and its 200 day simple moving average is GBX 0.05. The firm has a market cap of £1.80 million, a P/E ratio of -1.80 and a beta of 1.60.

Red Rock Resources Company Profile

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.