Rokmaster Resources (CVE:RKR) Trading 50% Higher – Still a Buy?

Rokmaster Resources Corp. (CVE:RKR)’s share price shot up 50% during mid-day trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. 555,400 shares changed hands during mid-day trading, an increase of 706% from the average session volume of 68,899 shares. The stock had previously closed at C$0.02.

Rokmaster Resources Stock Performance

The firm has a fifty day moving average of C$0.02 and a 200-day moving average of C$0.02. The firm has a market cap of C$4.90 million, a P/E ratio of -0.60 and a beta of 2.99. The company has a quick ratio of 0.60, a current ratio of 0.02 and a debt-to-equity ratio of 103.54.

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.