A report released today by Dowgate Capital about Red Rock Resources PLC (LON:RRR) drops the target price to 2.80GBX
- Updated: October 8, 2016
In a statement issued on 10/06/2016 Dowgate Capital lowered the target price of Red Rock Resources PLC (LON:RRR) from 4.20GBX to 2.80GBX stating a potential upside of 6.37%.
On 10/13/2015, Dowgate Capital released a statement on Red Rock Resources PLC (LON:RRR) held steady the target price at 0.16GBX. At the time, this indicated a possible upside of 7%.
Boasting a price of 0.38GBX, Red Rock Resources PLC (LON:RRR) traded 0.00% even on the day. With the last stock price close down -21.14% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. RRR has recorded a 50-day moving average of 0.42GBX and a 200-day moving average of 0.48GBX. 2,347,470 shares of RRR traded, down from an average trading volume of 3,004,940
Recent Performance Chart
Red Rock Resources PLC has 52 week low of 0.20GBX and a 52 week high of 0.78GBX and has a total market value of 0 GBX.
Brief Synopsis About Red Rock Resources PLC (LON:RRR)
Red Rock Resources plc is a United Kingdom-based natural resource exploration and investment company. The principal activities of the Company involve gold exploration in West Africa, and it holds investments in manganese, as well as in oil and gas exploration and development. It operates through the exploration and investment segments. It has projects in Ivory Coast, Kenya and Greenland. It explores gold and manganese across over three licenses in the Birimian greenstone belt in the Ivory Coast. Its Dabakala license covers over 393.4 square kilometers in north-central Ivory Coast. Its Abengourou license covers over 399.6 square kilometers in eastern Ivory Coast. The Alepe license covers over 392.6 square kilometers in southeastern Ivory Coast. It explores the Migori gold belt in Kenya. Its total license area has approximately 1,570 square kilometers and is located in the north-west of Greenland, approximately 150 kilometers south of the town of Qaanaaq.
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