Rokmaster Resources (CVE:RKR) Trading Up 12.5% – Still a Buy?

Rokmaster Resources Corp. (CVE:RKR)’s share price shot up 12.5% on Friday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 496,940 shares traded hands during mid-day trading, an increase of 180% from the average daily volume of 177,617 shares. The stock had previously closed at C$0.04.

Rokmaster Resources Trading Up 12.5%

The firm has a market cap of C$8.93 million, a PE ratio of -4.00 and a beta of 0.11. 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 business has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.04.

Insider Buying and Selling

In related news, Director John Martin Mirko acquired 1,000,000 shares of the business’s stock in a transaction on Monday, June 15th. The shares were 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. This trade represents a 3.06% increase in their ownership of the stock. 35.50% of the stock is owned by corporate insiders.

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.