RK

Rockhaven ResourcesTSXV:RK Stock Report

Market Cap

CA$24.5m

7D

0%

1Y

-35.3%

Updated

19 Sep, 2021

Data

Company Financials
RK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

RK Overview

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.


Market Performance


7 Day Return

0%

RK

-3.6%

CA Metals and Mining

-0.6%

CA Market


1 Year Return

-35.3%

RK

-14.6%

CA Metals and Mining

28.9%

CA Market

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.


Shareholder returns

RKIndustryMarket
7 Day0%-3.6%-0.6%
30 Day0%0.5%2.0%
90 Day-18.5%-7.3%2.2%
1 Year-35.3%-35.3%-13.5%-14.6%32.8%28.9%
3 Year-18.5%-18.5%64.6%60.4%32.4%19.9%
5 Year-52.2%-52.2%19.6%15.5%52.2%29.7%

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

Rockhaven Resources Fundamentals Summary

How do Rockhaven Resources's earnings and revenue compare to its market cap?
RK fundamental statistics
Market CapCA$24.53m
Earnings (TTM)-CA$437.37k
Revenue (TTM)n/a

0x

P/S Ratio

-56.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RK income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
ExpensesCA$437.37k
Earnings-CA$437.37k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0021
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did RK perform over the long term?

See historical performance and comparison

Valuation

Is Rockhaven Resources undervalued compared to its fair value and its price relative to the market?

0.62x

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).


Future Growth

How is Rockhaven Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.3%

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.


Past Performance

How has Rockhaven Resources performed over the past 5 years?

22.7%

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.


Financial Health

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%.


Balance Sheet


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


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.8yrs

Average management tenure


CEO

Matt Turner

12.92yrs

Tenure

CA$160,146

Compensation

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.


Leadership Team

Experienced Management: RK's management team is seasoned and experienced (8.8 years average tenure).


Board Members

Experienced Board: RK's board of directors are considered experienced (8.3 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.2%.


Top Shareholders

Company Information

Rockhaven Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Rockhaven Resources Ltd.
  • 1016 - 510 West Hastings Street
  • Vancouver
  • British Columbia
  • V6B 1L8
  • Canada

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 22:05
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.