Red Rock Resources (LON:RRR) Trading Up 22.2% – Time to Buy?

Red Rock Resources Plc (LON:RRRGet Free Report)’s share price was up 22.2% during mid-day trading on Wednesday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 66,208,977 shares changed hands during mid-day trading, an increase of 50% from the average daily volume of 44,265,469 shares. The stock had previously closed at GBX 0.04 ($0.00).

Red Rock Resources Stock Performance

The firm has a market cap of £2.20 million, a P/E ratio of -1.80 and a beta of 1.60. 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’s fifty day simple moving average is GBX 0.04 and its 200-day simple moving average is GBX 0.04.

Red Rock Resources Company Profile

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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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