Rokmaster Resources (CVE:RKR) Stock Price Up 50% – Still a Buy?

Rokmaster Resources Corp. (CVE:RKR) shares 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 were traded during 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 company has a debt-to-equity ratio of 103.54, a quick ratio of 0.60 and a current ratio of 0.02. The firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The company has a market cap of C$4.90 million, a price-to-earnings ratio of -0.60 and a beta of 2.99.

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.