Red Rock Resources (LON:RRR) Trading 12.5% Higher – Still a Buy?

Shares of Red Rock Resources Plc (LON:RRRGet Free Report) traded up 12.5% during trading on Wednesday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). 212,817 shares changed hands during trading, a decline of 100% from the average session volume of 55,435,984 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Up 12.5 %

The firm’s fifty day simple moving average is GBX 0.04 and its two-hundred day simple moving average is GBX 0.05. 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 company has a market capitalization of £2.25 million, a price-to-earnings ratio of -1.80 and a beta of 1.60.

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.

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