Rokmaster Resources (CVE:RKR) Trading Down 12.5% – Time to Sell?

Shares of Rokmaster Resources Corp. (CVE:RKR) traded down 12.5% during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 422,000 shares changed hands during mid-day trading, an increase of 79% from the average daily volume of 235,456 shares. The stock had previously closed at C$0.04.

Rokmaster Resources Stock Performance

The company has a current ratio of 0.02, a quick ratio of 0.60 and a debt-to-equity ratio of 103.54. The stock has a market cap of C$6.94 million, a price-to-earnings ratio of -4.00 and a beta of -0.05. The stock’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.04.

Insider Activity at Rokmaster Resources

In other Rokmaster Resources news, Director John Martin Mirko bought 810,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was acquired at an average price of C$0.04 per share, for a total transaction of C$32,400.00. Following the completion of the purchase, 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. Insiders have bought 3,255,000 shares of company stock valued at $134,800 over the last three months. 35.50% of the stock is currently owned by corporate insiders.

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.