ROK Resources (CVE:ROK) Sets New 12-Month Low – Should You Sell?

ROK Resources Inc. (CVE:ROKGet Free Report)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.15 and last traded at C$0.15, with a volume of 240320 shares traded. The stock had previously closed at C$0.16.

ROK Resources Stock Down 3.2 %

The company has a market capitalization of C$32.76 million, a price-to-earnings ratio of -1.88 and a beta of 0.44. The business has a 50-day moving average price of C$0.17 and a 200-day moving average price of C$0.20.

Insiders Place Their Bets

In related news, Senior Officer Jared Lukomski sold 410,500 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of C$0.18, for a total value of C$73,890.00. Corporate insiders own 10.28% of the company’s stock.

ROK Resources Company Profile

(Get Free Report)

ROK Resources Inc operates as independent oil and gas company in Canada. The company primarily engages in production, exploration, and development of oil and natural gas in Southeast Saskatchewan. ROK Resources Inc is headquartered in Regina, Canada.

Further Reading

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