Red Rock Resources (LON:RRR) Shares Down 11.6%

Red Rock Resources Plc (LON:RRR) dropped 11.6% on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 5,916,941 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 52,718,410 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Performance

The company has a market capitalization of £1.57 million, a P/E ratio of -1.80 and a beta of 1.45. The company has a debt-to-equity ratio of 20.07, a current ratio of 0.20 and a quick ratio of 0.08. The stock’s 50 day simple moving average is GBX 0.05 and its two-hundred day simple moving average is GBX 0.07.

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.