Stocks

Rokmaster Resources (CVE:RKR) Stock Price Drops 25% – An Overview

Published December 30, 2024

Rokmaster Resources Corp. (CVE:RKR) experienced a significant decline in its stock price, falling by 25% on Saturday. The stock reached a low of C$0.02 during trading before closing at the same price. In a notable trading session, 396,000 shares were exchanged, marking an increase of 182% compared to the average daily volume of 140,187 shares.

Stock Performance Overview

The current market capitalization of Rokmaster Resources stands at C$2.45 million. An analysis of certain financial metrics indicates a price-to-earnings ratio of -0.30 and a beta of 2.99. The stock's performance bears a fifty-day simple moving average of C$0.02 and a two-hundred-day simple moving average also at C$0.02. Other financial ratios include 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. engages primarily in the exploration stage of mineral properties across North, Central, and South America. The company focuses on acquiring, exploring, and developing resources including zinc, lead, silver, copper, gold, and polymetallic deposits. Notably, Rokmaster holds 100% ownership of the Duncan Lake property, which consists of 35 contiguous mineral claims covering an area of 3,929 hectares. Additionally, it possesses a 55% interest in the Big Copper property located in the Slocan Mining Division in southeastern British Columbia, Canada.

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Rokmaster, Stock, Trading