Rokmaster Resources (CVE:RKR) Stock Price Down 11.1% – Time to Sell?

Rokmaster Resources Corp. (CVE:RKR)’s stock price traded down 11.1% during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. 727,000 shares traded hands during mid-day trading, an increase of 284% from the average daily volume of 189,519 shares. The stock had previously closed at C$0.04.

Rokmaster Resources Stock Performance

The stock has a 50-day moving average of C$0.04 and a 200 day moving average of C$0.04. The firm has a market capitalization of C$7.93 million, a P/E ratio of -4.00 and a beta of -0.00. 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 Rokmaster Resources news, Director John Martin Mirko bought 1,000,000 shares of the stock in a transaction dated Monday, June 15th. The stock was bought 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 in the company, valued at C$1,345,855.92. This represents a 3.06% increase in their position. 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.