Red Rock Resources (LON:RRR) Trading Up 4% – Time to Buy?

Red Rock Resources Plc (LON:RRRGet Free Report)’s stock price rose 4% during mid-day trading on Wednesday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 25,741,877 shares traded hands during trading, a decline of 68% from the average daily volume of 80,203,500 shares. The stock had previously closed at GBX 0.03 ($0.00).

Red Rock Resources Stock Performance

The firm’s fifty day moving average is GBX 0.03 and its 200-day moving average 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. The stock has a market capitalization of £1.50 million, a PE ratio of -1.80 and a beta of 1.60.

Red Rock Resources (LON:RRRGet Free Report) last released its quarterly earnings results on Monday, March 31st. The company reported GBX (0.03) ($0.00) earnings per share (EPS) for the quarter.

About Red Rock Resources

(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.

Further Reading

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