Red Rock Resources (LON:RRR) Trading 9.1% Higher – Here’s What Happened

Red Rock Resources Plc (LON:RRR)’s share price traded up 9.1% during mid-day trading on Wednesday . The company traded as high as GBX 0.03 and last traded at GBX 0.02. 67,580,352 shares were traded during mid-day trading, an increase of 1% from the average session volume of 67,119,320 shares. The stock had previously closed at GBX 0.02.

Red Rock Resources Stock Up 9.1%

The company has a quick ratio of 0.08, a current ratio of 0.20 and a debt-to-equity ratio of 20.07. The stock has a market cap of £1.74 million, a PE ratio of -0.40 and a beta of 1.60. The firm has a fifty day moving average of GBX 0.03 and a 200 day moving average of GBX 0.03.

Red Rock Resources (LON:RRR) last announced its quarterly earnings results on Monday, December 22nd. The company reported GBX (0.07) earnings per share (EPS) for the quarter.

Red Rock Resources Company Profile

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. It holds a 100% economic interest in the Migori Gold project located in Kenya. The company was incorporated in 2004 and is headquartered in London, the United Kingdom.