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Source Rock Royalties TSXV:SRR Stock Report

Last Price

CA$0.83

Market Cap

CA$37.5m

7D

2.5%

1Y

12.2%

Updated

19 Feb, 2024

Data

Company Financials

Source Rock Royalties Ltd.

TSXV:SRR Stock Report

Market Cap: CA$37.5m

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$0.83
52 Week HighCA$0.89
52 Week LowCA$0.70
Beta0
1 Month Change3.75%
3 Month Change3.75%
1 Year Change12.16%
3 Year Changen/a
5 Year Changen/a
Change since IPO-2.35%

Recent News & Updates

Recent updates

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
7D2.5%1.8%1.2%
1Y12.2%2.2%1.1%

Return vs Industry: SRR exceeded the Canadian Oil and Gas industry which returned 2.2% over the past year.

Return vs Market: SRR exceeded the Canadian Market which returned 1.1% over the past year.

Price Volatility

Is SRR's price volatile compared to industry and market?
SRR volatility
SRR Average Weekly Movement3.8%
Oil and Gas Industry Average Movement6.5%
Market Average Movement8.7%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market3.2%

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

Volatility Over Time: SRR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012n/aBrad Dochertyhttps://www.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$37.45m
Earnings (TTM)CA$1.74m
Revenue (TTM)CA$6.43m

21.5x

P/E Ratio

5.8x

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

8.7%

Current Dividend Yield

162%

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 DateFeb 28 2024
Dividend Pay DateMar 15 2024
Days until Ex dividend7 days
Days until Dividend pay date23 days

Does SRR pay a reliable dividends?

See SRR dividend history and benchmarks
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