Rokmaster Resources Sees 25% Share Decline – An Overview

On December 30, 2024, shares of Rokmaster Resources Corp. (CVE:RKR) experienced a significant decline, falling by 25% during trading. The stock saw a low of C$0.02, which was also its closing price for the day. Throughout the session, approximately 396,000 shares were traded, marking an increase of 182% compared to the average trading volume of 140,187 shares.

Details of the Decline

The quick financial ratios of Rokmaster Resources indicate a quick ratio of 0.60 and a current ratio of 0.02, suggesting potential liquidity challenges. Furthermore, the company’s debt-to-equity ratio stands at a concerning 103.54. The stock has a fifty-day simple moving average of C$0.02 and a 200-day simple moving average also at C$0.02. Presently, Rokmaster has a market capitalization of C$2.45 million and reports a price-to-earnings ratio of -0.30 along with a beta of 2.99, which highlights its volatility in the market.

About Rokmaster Resources Corp.

Rokmaster Resources Corp. is primarily involved in the exploration and development of mineral properties across North, Central, and South America. The firm focuses on various minerals, including zinc, lead, silver, copper, gold, and other precious metals. The company notably owns 100% of the Duncan Lake property, which includes 35 contiguous mineral claims covering an area of 3,929 hectares. Additionally, Rokmaster holds a 55% interest in the Big Copper property located in the Slocan Mining Division of southeast British Columbia, Canada.

Further Information

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Rokmaster, Stocks, Decline