Red Rock Resources (LON:RRR) Stock Price Down 12.5% – Here’s Why

Red Rock Resources Plc (LON:RRR)’s share price traded down 12.5% on Thursday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 56,911,676 shares changed hands during trading, a decline of 46% from the average session volume of 105,623,305 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Up 5.0 %

The firm has a market cap of £2.10 million, a P/E ratio of -1.80 and a beta of 1.60. The business’s fifty day moving average price is GBX 0.04 and its two-hundred day moving average price is GBX 0.04. The company has a current ratio of 0.20, a quick ratio of 0.08 and a debt-to-equity ratio of 20.07.

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.