Rokmaster Resources (CVE:RKR) Shares Down 12.5% – What’s Next?

Rokmaster Resources Corp. (CVE:RKR)’s share price fell 12.5% during mid-day trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. 422,000 shares were traded during mid-day trading, an increase of 79% from the average session volume of 235,456 shares. The stock had previously closed at C$0.04.

Rokmaster Resources Price Performance

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 firm has a market cap of C$9.92 million, a price-to-earnings ratio of -4.00 and a beta of -0.05. The company’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04.

Insider Activity at Rokmaster Resources

In related news, Director John Martin Mirko acquired 1,000,000 shares of Rokmaster Resources stock in a transaction on Monday, June 15th. The shares were bought at an average price of C$0.04 per share, for a total transaction of C$40,000.00. Following the completion of the purchase, the director directly owned 33,646,398 shares in the company, valued at C$1,345,855.92. This trade represents a 3.06% increase in their position. Insiders bought a total of 3,255,000 shares of company stock worth $134,800 in the last 90 days. 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.