ROK Resources (CVE:ROK) Shares Down 23.9% – Here’s What Happened

ROK Resources Inc. (CVE:ROK)’s share price dropped 23.9% on Friday . The company traded as low as C$0.18 and last traded at C$0.18. Approximately 4,708,323 shares traded hands during mid-day trading, an increase of 1,545% from the average daily volume of 286,297 shares. The stock had previously closed at C$0.23.

ROK Resources Stock Down 21.7%

The firm has a 50-day moving average price of C$0.23 and a two-hundred day moving average price of C$0.21. The company has a market capitalization of C$39.20 million, a P/E ratio of -9.00 and a beta of 0.15.

ROK Resources Company Profile

ROK Resources Inc operates as independent oil and gas company in Canada. The company primarily engages in production, exploration, and development of oil and natural gas in Southeast Saskatchewan. ROK Resources Inc is headquartered in Regina, Canada.