Rokmaster Resources (CVE:RKR) Trading Up 12.5% – Here’s Why

Rokmaster Resources Corp. (CVE:RKR)’s share price shot up 12.5% during trading on Friday . The company traded as high as C$0.04 and last traded at C$0.04. 496,940 shares changed hands during 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 Stock Performance

The firm’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The stock has a market capitalization of C$8.93 million, a PE ratio of -4.00 and a beta of 0.11. The company has a debt-to-equity ratio of 103.54, a quick ratio of 0.60 and a current ratio of 0.02.

Insider Activity at Rokmaster Resources

In other news, Director John Martin Mirko bought 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average cost of C$0.04 per share, for a total transaction of C$40,000.00. Following the completion of the purchase, the director owned 33,646,398 shares of the company’s stock, valued at approximately C$1,345,855.92. This represents a 3.06% increase in their ownership of the stock. Corporate insiders own 35.50% of the company’s stock.

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.