Rockhaven Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada.
Share Price & News
How has Rockhaven Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RK is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: RK's weekly volatility (10%) has been stable over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: RK underperformed the Canadian Metals and Mining industry which returned -14.6% over the past year.
Return vs Market: RK underperformed the Canadian Market which returned 28.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Rockhaven Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StAre Insiders Buying Rockhaven Resources Ltd. (CVE:RK) Stock?
6 months ago | Simply Wall StHere's Why We're Not At All Concerned With Rockhaven Resources' (CVE:RK) Cash Burn Situation
Rockhaven Resources Fundamentals Summary
|RK fundamental statistics|
Is RK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RK income statement (TTM)|
|Cost of Revenue||CA$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0021|
|Net Profit Margin||0.00%|
How did RK perform over the long term?See historical performance and comparison
Is Rockhaven Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RK's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RK's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RK is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.
PE vs Market: RK is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RK is good value based on its PB Ratio (0.6x) compared to the CA Metals and Mining industry average (2.5x).
How is Rockhaven Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rockhaven Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Rockhaven Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RK is currently unprofitable.
Growing Profit Margin: RK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RK is unprofitable, but has reduced losses over the past 5 years at a rate of 22.7% per year.
Accelerating Growth: Unable to compare RK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RK is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (116%).
Return on Equity
High ROE: RK has a negative Return on Equity (-1.1%), as it is currently unprofitable.
How is Rockhaven Resources's financial position?
Financial Position Analysis
Short Term Liabilities: RK's short term assets (CA$4.5M) exceed its short term liabilities (CA$1.7M).
Long Term Liabilities: RK's short term assets (CA$4.5M) exceed its long term liabilities (CA$2.6M).
Debt to Equity History and Analysis
Debt Level: RK is debt free.
Reducing Debt: RK has no debt compared to 5 years ago when its debt to equity ratio was 3.9%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RK has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: RK has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 0.8% each year
What is Rockhaven Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RK's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Matthew A. T. Turner, also known as Matt, has been the Chief Executive Officer of Rockhaven Resources Limited, since October 31, 2008 and serves as its President since October 05, 2015. Mr. Turner has...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Matt's total compensation is reasonable compared to companies of similar size in the Canadian market.
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
Experienced Management: RK's management team is seasoned and experienced (8.8 years average tenure).
Experienced Board: RK's board of directors are considered experienced (8.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.2%.
Rockhaven Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Rockhaven Resources Ltd.
- Ticker: RK
- Exchange: TSXV
- Founded: 2005
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: CA$24.534m
- Shares outstanding: 223.04m
- Website: https://www.rockhavenresources.com
- Rockhaven Resources Ltd.
- 1016 - 510 West Hastings Street
- British Columbia
- V6B 1L8
Rockhaven Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company primarily explores for precious and base metal d...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/19 22:05|
|End of Day Share Price||2021/09/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.