Red Emperor Resources NL (LON:RMP)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.56 and traded as high as $0.60. Red Emperor Resources shares last traded at $0.55, with a volume of 389,562 shares traded.

The stock has a 50-day simple moving average of GBX 0.48 and a two-hundred day simple moving average of GBX 0.56. The firm has a market cap of $2.81 million and a PE ratio of -5.93.

Red Emperor Resources Company Profile (LON:RMP)

Red Emperor Resources NL, together with its subsidiaries, operates as a natural resource exploration company. It operates in two segments, Exploration & Evaluation and Treasury. The company holds oil and gas interests on the Alaska North Slope and in South East Asia. It holds interest in the offshore Philippines Block, Service Contract 55Basin that covers an area of 9,880 kilometer square located in the southwest Palawan Basin, the Philippines.

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