Rokmaster Resources (CVE:RKR) Shares Down 12.5% – Time to Sell?

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

Rokmaster Resources Trading Down 12.5%

The business’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.04. 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 stock has a market capitalization of C$6.94 million, a PE ratio of -4.00 and a beta of -0.05.

Insider Activity at Rokmaster Resources

In other news, Director John Martin Mirko bought 810,000 shares of Rokmaster Resources stock in a transaction dated Wednesday, August 12th. The stock was bought at an average price of C$0.04 per share, for a total transaction of C$32,400.00. Following the purchase, the director owned 38,554,398 shares of the company’s stock, valued at approximately C$1,542,175.92. The trade was a 2.15% increase in their ownership of the stock. In the last ninety days, insiders have acquired 3,255,000 shares of company stock valued at $134,800. 35.50% of the stock is currently owned by company insiders.

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.