Rokmaster Resources (CVE:RKR) Shares Down 11.1% – Here’s Why

Rokmaster Resources Corp. (CVE:RKR)’s stock price dropped 11.1% on Monday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 727,000 shares traded hands during 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 company has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The company has a current ratio of 0.02, a quick ratio of 0.60 and a debt-to-equity ratio of 103.54. The company has a market cap of C$7.93 million, a P/E ratio of -4.00 and a beta of -0.00.

Insider Buying and Selling

In related news, Director John Martin Mirko purchased 1,000,000 shares of the business’s stock in a transaction on Monday, June 15th. The shares were purchased at an average price of C$0.04 per share, with a total value 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. Corporate 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.