Red Rock Resources (LON:RRR) Share Price Crosses Below 200-Day Moving Average of $0.44

Red Rock Resources plc (LON:RRRGet Rating)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.44 ($0.01) and traded as low as GBX 0.40 ($0.00). Red Rock Resources shares last traded at GBX 0.43 ($0.01), with a volume of 27,984,166 shares trading hands.

Red Rock Resources Stock Down 15.0 %

The business’s 50 day moving average is GBX 0.53 and its 200-day moving average is GBX 0.44. The company has a debt-to-equity ratio of 6.27, a quick ratio of 0.08 and a current ratio of 0.31. The stock has a market cap of ¬£5.34 million and a price-to-earnings ratio of -2.13.

Insider Activity

In other Red Rock Resources news, insider Andrew Ronald McMillan Bell sold 4,500,000 shares of the stock in a transaction that occurred on Friday, August 5th. The shares were sold at an average price of GBX 1 ($0.01), for a total transaction of £45,000 ($54,374.09).

About Red Rock Resources

(Get Rating)

Red Rock Resources Plc engages in the production and exploration of natural resources assets in the United Kingdom, South Africa, Kenya, Democratic Republic of Congo, and Australia. 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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