Rokmaster Resources (CVE:RKR) Hits New 52-Week Low – What’s Next?

Rokmaster Resources Corp. (CVE:RKR)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 28570 shares changing hands. The stock had previously closed at C$0.03.

Rokmaster Resources Stock Performance

The firm has a market capitalization of C$3.26 million, a price-to-earnings ratio of -0.40 and a beta of 2.99. 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 stock’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.02.

Insider Transactions at Rokmaster Resources

In other news, Director John Martin Mirko purchased 1,298,000 shares of the business’s stock in a transaction dated Friday, September 6th. The shares were purchased at an average cost of C$0.03 per share, with a total value of C$32,450.00. Company insiders own 35.50% of the company’s stock.

Rokmaster Resources Company Profile

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.