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Source Rock Royalties TSXV:SRR Stock Report

Last Price

CA$0.89

Market Cap

CA$40.6m

7D

-1.1%

1Y

7.2%

Updated

17 Apr, 2024

Data

Company Financials

Source Rock Royalties Ltd.

TSXV:SRR Stock Report

Market Cap: CA$40.6m

SRR Stock Overview

Source Rock Royalties Ltd. engages in the acquiring and managing of oil and gas royalties and mineral title interests.

SRR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends2/6

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$0.89
52 Week HighCA$0.91
52 Week LowCA$0.74
Beta0.27
1 Month Change4.71%
3 Month Change9.88%
1 Year Change7.23%
3 Year Changen/a
5 Year Changen/a
Change since IPO4.71%

Recent News & Updates

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

Recent updates

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-1.1%-2.6%-2.1%
1Y7.2%13.1%3.6%

Return vs Industry: SRR underperformed the Canadian Oil and Gas industry which returned 11.5% over the past year.

Return vs Market: SRR exceeded the Canadian Market which returned 3.2% over the past year.

Price Volatility

Is SRR's price volatile compared to industry and market?
SRR volatility
SRR Average Weekly Movement3.0%
Oil and Gas Industry Average Movement6.7%
Market Average Movement9.2%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

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 a light oil focused portfolio of royalty interests concentrated in S.E. Saskatchewan, east-central Alberta, west-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$40.61m
Earnings (TTM)CA$1.74m
Revenue (TTM)CA$6.43m

23.0x

P/E Ratio

6.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SRR income statement (TTM)
RevenueCA$6.43m
Cost of RevenueCA$0
Gross ProfitCA$6.43m
Other ExpensesCA$4.69m
EarningsCA$1.74m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.039
Gross Margin100.00%
Net Profit Margin27.11%
Debt/Equity Ratio0%

How did SRR perform over the long term?

See historical performance and comparison

Dividends

8.1%

Current Dividend Yield

162%

Payout Ratio
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