Rokmaster Resources (CVE:RKR) Stock Price Up 42.9% – Should You Buy?

Shares of Rokmaster Resources Corp. (CVE:RKR) rose 42.9% on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 859,653 shares changed hands during trading, an increase of 258% from the average daily volume of 240,119 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 current ratio of 0.02 and a quick ratio of 0.60. The company’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The company has a market capitalization of C$7.93 million, a PE ratio of -4.00 and a beta of -0.05.

Insider Activity at Rokmaster Resources

In related news, Director John Martin Mirko purchased 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 purchase, the director directly owned 33,646,398 shares of the company’s stock, valued at C$1,345,855.92. The trade was a 3.06% increase in their ownership of the stock. Over the last quarter, insiders have acquired 3,255,000 shares of company stock valued at $134,800. Company 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.