How does ROK's PS Ratio compare to its peers?

ROK is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (2x).

How does ROK's PS Ratio compare vs other companies in the CA Oil and Gas Industry?

ROK is good value based on its Price-To-Sales Ratio (0.5x) compared to the Canadian Oil and Gas industry average (2x).

What is ROK's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ROK is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).

What is the Fair Price of ROK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ROK (CA$0.17) is trading above our estimate of [[fair value]] (CA$0.01)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

ROK Resources (TSXV:ROK) - Stock Price, News & Analysis

ROK Stock Overview

Operates as independent oil and gas company in Canada. More details

ROK fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Rewards

Revenue is forecast to grow 25.36% per year

Trading at good value compared to peers and industry

Risk Analysis

Does not have a meaningful market cap (CA$37M)

Currently unprofitable and not forecast to become profitable over the next 3 years

ROK Resources Inc. Competitors

Canadian Overseas Petroleum

CNSX:XOP

CA$18.3m

Source Rock Royalties

TSXV:SRR

CA$39.4m

Highwood Asset Management

TSXV:HAM

CA$90.9m

Trillion Energy International

CNSX:TCF

CA$13.5m

Price History & Performance

Summary of all time highs, changes and price drops for ROK Resources
Historical stock prices
Current Share Price	CA$0.17
52 Week High	CA$0.35
52 Week Low	CA$0.15
Beta	0.47
11 Month Change	-8.11%
3 Month Change	-19.05%
1 Year Change	-50.72%
33 Year Change	-22.73%
5 Year Change	54.55%
Change since IPO	-99.28%

Recent updates

What You Need To Know About The ROK Resources Inc. (CVE:ROK) Analyst Downgrade Today

May 03

Shareholders Shouldn’t Be Too Comfortable With ROK Resources' (CVE:ROK) Strong Earnings

Sep 02

Is ROK Resources (CVE:ROK) Using Too Much Debt?

Jan 19

Is ROK Resources (CVE:ROK) Using Too Much Debt?

Sep 05

ROK Resources (CVE:ROK) Has Compensated Shareholders With A 307% Return On Their Investment

Dec 01

Shareholder Returns

	ROK	CA Oil and Gas	CA Market
7D	6.3%	2.9%	0.7%
1Y	-50.7%	18.0%	21.7%

Return vs Industry: ROK underperformed the Canadian Oil and Gas industry which returned 16.5% over the past year.

Return vs Market: ROK underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is ROK's price volatile compared to industry and market?
ROK volatility
ROK Average Weekly Movement	7.1%
Oil and Gas Industry Average Movement	6.6%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: ROK has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ROK's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Cam Taylor	rokresources.ca

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.

ROK Resources Inc. Fundamentals Summary

How do ROK Resources's earnings and revenue compare to its market cap?
ROK fundamental statistics
Market cap	CA$37.13m
Earnings (TTM)	-CA$16.45m
Revenue (TTM)	CA$76.75m

0.5x

P/S Ratio

-2.3x

P/E Ratio

Is ROK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ROK income statement (TTM)
Revenue	CA$76.75m
Cost of Revenue	CA$47.13m
Gross Profit	CA$29.61m
Other Expenses	CA$46.07m
Earnings	-CA$16.45m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.075
Gross Margin	38.58%
Net Profit Margin	-21.44%
Debt/Equity Ratio	10.2%

How did ROK perform over the long term?

See historical performance and comparison

ROK Stock Overview

Rewards

Risk Analysis

ROK Resources Inc. Competitors

CNSX:XOP

CA$18.3m

TSXV:SRR

CA$39.4m

TSXV:HAM

CA$90.9m

CNSX:TCF

CA$13.5m

Price History & Performance

Recent News & Updates

New minor risk - Profitability

Price target decreased by 9.1% to CA$0.50

ROK Resources Inc., Annual General Meeting, Nov 19, 2024

Consensus EPS estimates upgraded to CA$0.015 loss, revenue downgraded

New minor risk - Profitability

ROK Resources Inc. Revises Production Guidance for the Year 2024

Recent updates

New minor risk - Profitability

Price target decreased by 9.1% to CA$0.50

ROK Resources Inc., Annual General Meeting, Nov 19, 2024

Consensus EPS estimates upgraded to CA$0.015 loss, revenue downgraded

New minor risk - Profitability

ROK Resources Inc. Revises Production Guidance for the Year 2024

EMP Metals Corp. (CNSX:EMPS) completed the acquisition of remaining 25% stake in Hub City Lithium Corp. from ROK Resources Inc. (TSXV:ROK) for CAD 6.7 million.

Second quarter 2024 earnings released: EPS: CA$0.001 (vs CA$0.002 loss in 2Q 2023)

ROK Resources Inc. to Report Q3, 2024 Results on Nov 20, 2024

ROK Resources Inc. Provides Production Guidance for the Second Half and Full Year of 2024

Consensus EPS estimates have been downgraded.

New minor risk - Profitability

Is ROK Resources Inc. (CVE:ROK) Worth CA$0.3 Based On Its Intrinsic Value?

ROK Resources Inc. to Report Q2, 2024 Results on Aug 21, 2024

First quarter 2024 earnings released: CA$0.03 loss per share (vs CA$0.002 profit in 1Q 2023)

ROK Resources Inc. to Report Q1, 2024 Results on May 21, 2024

Price target decreased by 10% to CA$0.62

Full year 2023 earnings released: CA$0.05 loss per share (vs CA$0.46 profit in FY 2022)

Potential Upside For ROK Resources Inc. (CVE:ROK) Not Without Risk

Price target decreased by 11% to CA$0.66

ROK Resources Inc. to Report Q4, 2023 Results on Apr 18, 2024

Rok Resources Announces Preliminary Economic Assessment Results for the Viewfield Lithium Brine Project

Is ROK Resources (CVE:ROK) A Risky Investment?

ROK Resources Inc. Provides Lithium Update

Price target increased by 9.4% to CA$0.79

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

ROK Resources Inc. Announces Appointment of Bryden Wright as President

Second quarter 2023 earnings released

ROK Resources Inc. to Report Q3, 2023 Results on Nov 21, 2023

Does ROK Resources (CVE:ROK) Have A Healthy Balance Sheet?

ROK Resources Inc., Annual General Meeting, Sep 20, 2023

ROK Resources Inc., Annual General Meeting, Sep 20, 2023

ROK Resources Inc. to Report Q2, 2023 Results on Aug 17, 2023

President recently bought CA$62k worth of stock

Price target decreased by 8.1% to CA$0.71

First quarter 2023 earnings released

What You Need To Know About The ROK Resources Inc. (CVE:ROK) Analyst Downgrade Today

Consensus revenue estimates decrease by 11%

Full year 2022 earnings released: EPS: CA$0.46 (vs CA$0.034 loss in FY 2021)

President exercised options to buy CA$100k worth of stock.

ROK Resources Inc. Announces Results of Second Lithium Test Well in the Mansur Area

Price target decreased by 7.2% to CA$0.80

ROK Resources Inc. (TSXV:ROK) acquired Certain Oil & Gas Assets in Southeast Saskatchewan from Whitecap Resources Inc. (TSX:WCP) for CAD 23 million.

Price target increased to CA$0.92

ROK Resources Inc. (TSXV:ROK) entered into an agreement to acquire Certain Oil & Gas Assets in Southeast Saskatchewan for CAD 26.5 million.

ROK Resources Inc. (TSXV:ROK) entered into an agreement to acquire Certain Oil & Gas Assets in Southeast Saskatchewan for CAD 26.5 million.

Third quarter 2022 earnings released: EPS: CA$0.054 (vs CA$0.012 loss in 3Q 2021)

ROK Resources Inc. Provides Kaybob Operations Update

Shareholders Shouldn’t Be Too Comfortable With ROK Resources' (CVE:ROK) Strong Earnings

Second quarter 2022 earnings released: CA$0.01 loss per share (vs CA$0.006 loss in 2Q 2021)

ROK Resources Inc. Provides Saskatchewan Operations Update

Independent Director exercised options to buy CA$275k worth of stock.

First quarter 2022 earnings released: EPS: CA$0.65 (vs CA$0.006 loss in 1Q 2021)

ROK Resources Inc. has completed a Follow-on Equity Offering in the amount of CAD 15.00012 million.

ROK Resources Inc. (TSXV:ROK) entered into an arms-length definitive agreement to acquire Certain Oil & Gas Assets in Saskatchewan and Alberta from Federated Co-operatives Limited for CAD 72 million.

ROK Resources Inc. (TSXV:ROK) entered into an arms-length definitive agreement to acquire Certain Oil & Gas Assets in Saskatchewan and Alberta from Federated Co-operatives Limited for CAD 72 million.

Is ROK Resources (CVE:ROK) Using Too Much Debt?

Is ROK Resources (CVE:ROK) Using Too Much Debt?

ROK Resources Inc. announced that it has received CAD 2.2 million in funding from Inclusive Energy Ltd.