Red Emperor Resources (LON:RMP) Share Price Crosses Above 200-Day Moving Average of $0.56

Shares of Red Emperor Resources NL (LON:RMP) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.56 and traded as high as $0.68. Red Emperor Resources shares last traded at $0.63, with a volume of 471,253 shares trading hands.

The company has a market capitalization of $3.31 million and a P/E ratio of -6.25. The stock has a 50-day moving average price of GBX 0.54 and a 200-day moving average price of GBX 0.56.

Red Emperor Resources Company Profile (LON:RMP)

Red Emperor Resources NL, together with its subsidiaries, operates as a natural resource exploration company. It operates in two segments, Exploration & Evaluation and Treasury. The company holds oil and gas interests on the Alaska North Slope and in South East Asia. It holds interest in the offshore Philippines Block, Service Contract 55Basin that covers an area of 9,880 kilometer square located in the southwest Palawan Basin, the Philippines.

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