Red Rock Resources (LON:RRR) Shares Down 7.3% – Should You Sell?

Red Rock Resources Plc (LON:RRR) was down 7.3% during mid-day trading on Friday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 2,709,705 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 38,216,727 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Performance

The company has a current ratio of 0.20, a quick ratio of 0.08 and a debt-to-equity ratio of 20.07. The business has a fifty day moving average of GBX 0.04 and a 200-day moving average of GBX 0.04. The company has a market cap of £1.90 million, a PE 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.