Rokmaster Resources (CVE:RKR) Trading 42.9% Higher – Still a Buy?

Rokmaster Resources Corp. (CVE:RKR) was up 42.9% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 859,653 shares traded hands during mid-day trading, an increase of 258% from the average daily volume of 240,119 shares. The stock had previously closed at C$0.04.

Rokmaster Resources Stock Up 28.6%

The company has a debt-to-equity ratio of 103.54, a quick ratio of 0.60 and a current ratio of 0.02. The company has a market capitalization of C$8.93 million, a price-to-earnings ratio of -4.00 and a beta of -0.05. The business has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.

Insider Transactions at Rokmaster Resources

In other Rokmaster Resources news, Director John Martin Mirko bought 1,000,000 shares of Rokmaster Resources stock in a transaction on Monday, June 15th. The stock was bought at an average price of C$0.04 per share, with a total value of C$40,000.00. Following the completion of the acquisition, the director owned 33,646,398 shares in the company, valued at C$1,345,855.92. The trade was a 3.06% increase in their ownership of the stock. Insiders acquired a total of 3,255,000 shares of company stock valued at $134,800 in the last three months. Corporate 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.