Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRed Rock Resources Share News (RRR)

Share Price Information for Red Rock Resources (RRR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0525
Bid: 0.05
Ask: 0.055
Change: 0.00 (0.00%)
Spread: 0.005 (10.00%)
Open: 0.0525
High: 0.055
Low: 0.0525
Prev. Close: 0.0525
RRR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Red Rock Resources Swings To Interim Loss Due To Foreign Exchange

Mon, 26th Mar 2018 15:48

LONDON (Alliance News) - Red Rock Resources PLC said on Monday it swung to an interim loss due to foreign exchange losses, though still expects to post a profit for the full-year.

The company said it swung to a pretax loss of GBP114,874 for the six months to December 31 from a profit of GBP147,662 a year before.

"This was primarily as a result of the reversal into losses of the foreign exchange gains made on dollar items in that year, that had resulted from the significant decline in sterling in late 2016," the company said in a statement.

The company made a GBP46,216 loss due to foreign currency rates in the period, compared to a gain of GBP235,900 a year earlier.

Total assets increased 31% to GBP22.3 million in the half year from the position as at June 30.

However, Red Rock said it expects to report a full-year profit for the year ending June 30, for the first time since 2011, provided there are no further impairment provisions booked in the period.

In April or May the company is due to be repaid approximately USD840,000 on a promissory note with respect to its gold interests in Colombia. Red Rock said it therefore anticipates ending the year in a strong financial position.

Shares in Red Rock were down 5.9% at 0.9643 pence on Monday.

More News
31 Mar 2014 12:50

REPEAT: UK MIDDAY BRIEFING: Babcock JV Wins GBP7 Billion Nuclear Contract

LONDON (Alliance News) - Babcock International Group is leading the FTSE 100 higher Monday after its Cavendish Fluor Partnership joint venture was selected as the preferred bidder for a GBP7 billion nuclear plant decommissioning contract.

The joint venture with Fluo

Read more
31 Mar 2014 12:45

UK MIDDAY BRIEFING: Babcock JV Wins GBP7 Billion Nuclear Contract

LONDON (Alliance News) - Babcock International Group is leading the FTSE 100 higher Monday after its Cavendish Fluor Partnership joint venture was selected as the preferred bidder for a GBP7 billion nuclear plant decommissioning contract.

The joint venture with Flou

Read more
31 Mar 2014 10:35

UK WINNERS & LOSERS: Babcock Leads FTSE 100 Risers; Insurers Rebound

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.

-------

FTSE 100 - WINNERS

Babcock International Group, up 3.5%. The company said its Cavendish Fluor Partnership has

Read more
31 Mar 2014 09:53

Red Rock Resources Pretax Loss Narrows, Notes Slow Progress In Greenland

LONDON (Alliance News) - Red Rock Resources PLC Monday said its pretax loss narrowed in its first-half but the sale process of part interest in its Greenland operations is continuing slowly. The mining and exploration company with operations in Greenland, Colombia, Ivory Coast and Kenya sai

Read more
21 Mar 2014 17:57

YA Global Master Converts GBP200,000 In Red Rock Bonds To Equity

LONDON (Alliance News) - Red Rock Resources PLC Friday said YA Global Master SPV Ltd has converted GBP200,000 in unsecured bonds into about 53.4 million shares at a conversion price of GBP0.003745 a share. In addition to that, GBP24,302 in interest and fees relating to the convertible and o

Read more
4 Mar 2014 13:45

Red Rock Resources Completes Private Placing And Starts Investment Facility

LONDON (Alliance News) - Red Rock Resources PLC Tuesday said it has completed a private placing and established an investment facility focused on a new gold exploration project in the Ivory Coast. The mining and exploration company with operations in Greenland, Colombia, Ivory Coast and Ken

Read more
21 Jan 2014 13:03

CORRECT: UK MIDDAY BRIEFING: Unilever Kicks Off New Earnings Season

(An item published at 1259 GMT misstated the market prices. The correct version follows.) LONDON (Alliance News) - Anglo-Dutch consumer goods and food giant Unilever Tuesday kicked off the latest UK earnings season, reporting lower revenues for the fourth quarter and who

Read more
21 Jan 2014 12:59

UK MIDDAY BRIEFING: Unilever Kicks Off New Earnings Season

LONDON (Alliance News) - Anglo-Dutch consumer goods and food giant Unilever Tuesday kicked off the latest UK earnings season, reporting lower revenues for the fourth quarter and whole of 2013, but its earnings beat expectations as margins were supported by price increases and

Read more
21 Jan 2014 11:37

UK WINNERS & LOSERS: Unilever Outperforms; SABMiller, PZ Cussons Hit By Sterling

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS Unilever, up 3.8%. The consumer goods and food giant reported a drop in revenues for the fourth quarter, as expected, but be

Read more
21 Jan 2014 11:29

Red Rock Resources Raises GBP360,000 In Placing

LONDON (Alliance News) - Red Rock Resources PLC Tuesday said that its has raised GBP360,000 by placing just under 76.6 million shares at 0.47 pence each, funds it will use to repay existing debt and for working capital. The mineral exploration company said that just over 53.6 million share

Read more
21 Jan 2014 08:19

UK MORNING BRIEFING: Shares Higher; Unilever, SABMiller As Expected

LONDON (Alliance News) - UK shares have opened higher Tuesday, as Unilever and SABMiller have released results and trading statements in line with expectations.

Peel Hunt has issued ratings on the property sector, cutting Great Portland Est

Read more
17 Jan 2014 12:52

Red Rock Resources Signs Assessment Agreement For Nyanza Deposit In Kenya

LONDON (Alliance News) - Red Rock Resources PLC Friday said it has signed a preliminary technical and economic assessment agreement for its Nyanza gold deposit in Kenya with Applied Geology and Mining Ltd. The mineral exploration company said the agreement constitutes the first stage of a f

Read more
21 Nov 2013 11:50

UK WINNERS & LOSERS: Tobacco Companies Drop On Rival's Warning

Read more
21 Nov 2013 10:11

Red Rock Resources To Issue More Shares, Convertible Loan For Jupiter Mines Stake

Read more
14 Nov 2013 16:15

Red Rock Ups Stake In Jupiter Mines After Raising Funds In Placing

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account