Rokmaster Resources (CVE:RKR) Stock Price Up 40% – Time to Buy?

Rokmaster Resources Corp. (CVE:RKR) was up 40% during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 614,417 shares traded hands during mid-day trading, an increase of 418% from the average daily volume of 118,698 shares. The stock had previously closed at C$0.03.

Rokmaster Resources Stock Performance

The firm has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. 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 company has a market cap of C$5.71 million, a PE ratio of -0.70 and a beta of 2.99.

Rokmaster Resources Company Profile

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.