Rokmaster Resources (CVE:RKR) Stock Falls 14.3% – What’s Next?

Rokmaster Resources Corp. (CVE:RKR) shares traded down 14.3% during trading on Monday. The stock traded as low as C$0.03 and last traded at C$0.03. 905,000 shares were traded during trading, an increase of 295% from the average daily volume of 229,056 shares. The stock had previously closed at C$0.04.

Rokmaster Resources Stock Down 14.3%

The firm has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The company has a quick ratio of 0.60, a current ratio of 0.02 and a debt-to-equity ratio of 103.54. The stock has a market capitalization of C$5.97 million, a P/E ratio of -4.00 and a beta of -1.09.

Insider Activity

In other Rokmaster Resources news, Director John Martin Mirko purchased 810,000 shares of the stock in a transaction dated Wednesday, August 12th. The stock was bought at an average price of C$0.04 per share, with a total value of C$32,400.00. Following the acquisition, the director owned 38,554,398 shares of the company’s stock, valued at approximately C$1,542,175.92. This represents a 2.15% increase in their ownership of the stock. In the last 90 days, insiders acquired 2,408,000 shares of company stock valued at $99,320. Company insiders own 35.50% of the company’s stock.

About Rokmaster Resources

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.