Red Rock Resources (LON:RRR) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Red Rock Resources Plc (LON:RRRGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 0.03 and traded as low as GBX 0.03. Red Rock Resources shares last traded at GBX 0.04, with a volume of 137,770,609 shares changing hands.

Red Rock Resources Stock Down 14.3%

The company has a debt-to-equity ratio of 20.07, a current ratio of 0.20 and a quick ratio of 0.08. The business’s 50 day moving average price is GBX 0.04 and its 200 day moving average price is GBX 0.03. The firm has a market cap of £2.18 million, a PE ratio of -0.50 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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