Red Rock Resources (LON:RRR) Trading 10.5% Higher – Still a Buy?

Red Rock Resources Plc (LON:RRR)’s share price traded up 10.5% on Friday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 33,797,426 shares were traded during mid-day trading, a decline of 75% from the average session volume of 136,358,641 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Performance

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 has a market capitalization of £2.05 million, a PE ratio of -1.80 and a beta of 1.60. The stock has a 50 day moving average of GBX 0.04 and a two-hundred day moving average of GBX 0.04.

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.