Rokmaster Resources (CVE:RKR) Shares Up 25% – Should You Buy?

Rokmaster Resources Corp. (CVE:RKR)’s share price shot up 25% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 343,000 shares were traded during mid-day trading, an increase of 151% from the average session volume of 136,888 shares. The stock had previously closed at C$0.02.

Rokmaster Resources Stock Performance

The business’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The stock has a market cap of C$3.26 million, a PE ratio of -0.40 and a beta of 2.99. The company has a current ratio of 0.02, a quick ratio of 0.60 and a debt-to-equity ratio of 103.54.

Insider Buying and Selling

In other news, Director John Martin Mirko bought 1,298,000 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average cost of C$0.03 per share, for a total transaction of C$32,450.00. 35.50% of the stock is owned by company 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.