Red Rock Resources (LON:RRR) Trading 9.1% Higher – Still a Buy?

Red Rock Resources Plc (LON:RRRGet Free Report) shot up 9.1% during mid-day trading on Saturday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 7,436,979 shares were traded during mid-day trading, a decline of 92% from the average session volume of 88,698,141 shares. The stock had previously closed at GBX 0.03 ($0.00).

Red Rock Resources Stock Up 9.1 %

The firm has a market cap of £1.80 million, a price-to-earnings ratio of -1.80 and a beta of 1.60. The stock has a 50-day moving average of GBX 0.04 and a 200-day moving average of 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

(Get Free Report)

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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