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Source Rock Royalties TSXV:SRR Stock Report

Last Price

CA$0.86

Market Cap

CA$39.8m

7D

-2.3%

1Y

2.4%

Updated

28 May, 2024

Data

Company Financials

Source Rock Royalties Ltd.

TSXV:SRR Stock Report

Market Cap: CA$39.8m

Source Rock Royalties Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Source Rock Royalties
Historical stock prices
Current Share PriceCA$0.86
52 Week HighCA$0.91
52 Week LowCA$0.74
Beta0.25
1 Month Change-2.27%
3 Month Change1.18%
1 Year Change2.38%
3 Year Changen/a
5 Year Changen/a
Change since IPO1.18%

Recent News & Updates

Earnings Troubles May Signal Larger Issues for Source Rock Royalties (CVE:SRR) Shareholders

Apr 26
Earnings Troubles May Signal Larger Issues for Source Rock Royalties (CVE:SRR) Shareholders

Source Rock Royalties (CVE:SRR) Is Increasing Its Dividend To CA$0.0065

Apr 25
Source Rock Royalties (CVE:SRR) Is Increasing Its Dividend To CA$0.0065

Recent updates

Earnings Troubles May Signal Larger Issues for Source Rock Royalties (CVE:SRR) Shareholders

Apr 26
Earnings Troubles May Signal Larger Issues for Source Rock Royalties (CVE:SRR) Shareholders

Source Rock Royalties (CVE:SRR) Is Increasing Its Dividend To CA$0.0065

Apr 25
Source Rock Royalties (CVE:SRR) Is Increasing Its Dividend To CA$0.0065

Source Rock Royalties (CVE:SRR) Is Paying Out A Dividend Of CA$0.006

Mar 18
Source Rock Royalties (CVE:SRR) Is Paying Out A Dividend Of CA$0.006

Source Rock Royalties (CVE:SRR) Is Due To Pay A Dividend Of CA$0.0055

Sep 19
Source Rock Royalties (CVE:SRR) Is Due To Pay A Dividend Of CA$0.0055

Source Rock Royalties (CVE:SRR) Is Looking To Continue Growing Its Returns On Capital

Aug 16
Source Rock Royalties (CVE:SRR) Is Looking To Continue Growing Its Returns On Capital

We Think Source Rock Royalties' (CVE:SRR) Robust Earnings Are Conservative

Sep 06
We Think Source Rock Royalties' (CVE:SRR) Robust Earnings Are Conservative

Shareholder Returns

SRRCA Oil and GasCA Market
7D-2.3%-0.03%-1.0%
1Y2.4%25.1%13.0%

Return vs Industry: SRR underperformed the Canadian Oil and Gas industry which returned 21.8% over the past year.

Return vs Market: SRR underperformed the Canadian Market which returned 12.5% over the past year.

Price Volatility

Is SRR's price volatile compared to industry and market?
SRR volatility
SRR Average Weekly Movement2.9%
Oil and Gas Industry Average Movement6.4%
Market Average Movement8.8%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market2.9%

Stable Share Price: SRR has not had significant price volatility in the past 3 months.

Volatility Over Time: SRR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012n/aBrad Dochertywww.sourcerockroyalties.com

Source Rock Royalties Ltd. engages in the acquiring and managing of oil and gas royalties and mineral title interests. The company has an oil focused portfolio of royalty interests concentrated in S.E. Saskatchewan, central Alberta, and west-central Saskatchewan.

Source Rock Royalties Ltd. Fundamentals Summary

How do Source Rock Royalties's earnings and revenue compare to its market cap?
SRR fundamental statistics
Market capCA$39.80m
Earnings (TTM)CA$1.57m
Revenue (TTM)CA$6.65m

24.8x

P/E Ratio

5.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SRR income statement (TTM)
RevenueCA$6.65m
Cost of RevenueCA$0
Gross ProfitCA$6.65m
Other ExpensesCA$5.08m
EarningsCA$1.57m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.035
Gross Margin100.00%
Net Profit Margin23.57%
Debt/Equity Ratio0%

How did SRR perform over the long term?

See historical performance and comparison

Dividends

9.1%

Current Dividend Yield

190%

Payout Ratio

Does SRR pay a reliable dividends?

See SRR dividend history and benchmarks
When do you need to buy SRR by to receive an upcoming dividend?
Source Rock Royalties dividend dates
Ex Dividend DateMay 31 2024
Dividend Pay DateJun 14 2024
Days until Ex dividend2 days
Days until Dividend pay date16 days

Does SRR pay a reliable dividends?

See SRR dividend history and benchmarks
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