Rokmaster Resources (CVE:RKR) Trading 20% Higher – Should You Buy?

Rokmaster Resources Corp. (CVE:RKR)’s share price shot up 20% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 1,145,000 shares were traded during mid-day trading, an increase of 900% from the average session volume of 114,507 shares. The stock had previously closed at C$0.03.

Rokmaster Resources Price Performance

The firm has a market capitalization of C$4.50 million, a price-to-earnings ratio of -2.50 and a beta of 2.07. The company’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.04. The company has a quick ratio of 0.60, a current ratio of 0.02 and a debt-to-equity ratio of 103.54.

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.