Rokmaster Resources (CVE:RKR) Stock Price Down 20% – Should You Sell?

by · The Cerbat Gem

Shares of Rokmaster Resources Corp. (CVE:RKR – Get Free Report) traded down 20% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 161,220 shares traded hands during mid-day trading, an increase of 21% from the average session volume of 133,610 shares. The stock had previously closed at C$0.03.

Rokmaster Resources Stock Down 20.0 %

The firm has a market cap of C$3.26 million, a price-to-earnings ratio of -0.40 and a beta of 2.99. The company has a debt-to-equity ratio of 103.54, a current ratio of 0.02 and a quick ratio of 0.60. The firm’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.03.

Insider Transactions at Rokmaster Resources

In related news, Director John Martin Mirko acquired 1,298,000 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were acquired at an average price of C$0.03 per share, for a total transaction of C$32,450.00. In the last three months, insiders purchased 1,729,000 shares of company stock valued at $43,225. Company insiders own 35.50% of the company’s stock.

Rokmaster Resources Company Profile

(Get Free Report)

Rokmaster Resources Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North, Central, and South America. It explores for zinc, lead, silver, copper, gold, and polymetallic deposits, as well as precious metals. The company holds a 100% in the Duncan Lake property comprising 35 contiguous mineral claims that covers an area of 3,929 hectares; and a 55% interest in the Big Copper property located in the Slocan Mining Division in southeast British Columbia, Canada.

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