Rockridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada.
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Rockridge Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RR0's share price has been volatile over the past 3 months.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: RR0 underperformed the German Metals and Mining industry which returned 32.5% over the past year.
Return vs Market: RR0 matched the German Market which returned 12.4% over the past year.
Price Volatility Vs. Market
How volatile is Rockridge Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Rockridge 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 RR0's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RR0's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RR0 is unprofitable, so we can't compare its PE Ratio to the XE Metals and Mining industry average.
PE vs Market: RR0 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RR0's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RR0 is overvalued based on its PB Ratio (2.3x) compared to the DE Metals and Mining industry average (1.8x).
How is Rockridge 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 Rockridge 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.
- Examine Rockridge Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Rockridge Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Rockridge Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RR0 is currently unprofitable.
Growing Profit Margin: RR0 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RR0 is unprofitable, and losses have increased over the past 5 years at a rate of 81.4% per year.
Accelerating Growth: Unable to compare RR0's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RR0 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-8.6%).
Return on Equity
High ROE: RR0 has a negative Return on Equity (-36.29%), as it is currently unprofitable.
How is Rockridge Resources's financial position?
Financial Position Analysis
Short Term Liabilities: RR0's short term assets (CA$603.4K) exceed its short term liabilities (CA$31.7K).
Long Term Liabilities: RR0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RR0 is debt free.
Reducing Debt: RR0 has not had any debt for past 5 years.
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: RR0 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RR0 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.
What is Rockridge Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RR0's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RR0'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 RR0's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RR0'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 RR0's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Grant Ewing (59 yo)
Mr. Grant David Ewing, P.Geo, serves as Chief Executive Officer at Rockridge Resources Ltd. since May 28, 2019. He was CEO, President and Director of New Energy Metals Corp. (formerly, Darien Resource Deve ...
CEO Compensation Analysis
Compensation vs Market: Grant's total compensation ($USD15.09K) is below average for companies of similar size in the German market ($USD466.47K).
Compensation vs Earnings: Insufficient data to compare Grant's compensation with company performance.
|Chief Executive Officer||1.25yrs||CA$20.00k||0.93% |
|Chief Financial Officer||1.5yrs||CA$3.00k||no data|
|VP of Exploration & Director||3.92yrs||CA$24.00k||0.39% |
Experienced Management: RR0's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
|VP of Exploration & Director||3.92yrs||CA$24.00k||0.39% |
|Independent Director||3.92yrs||CA$30.00k||0.29% |
|Independent Director||3.92yrs||CA$18.00k||0.20% |
|Independent Director||1.5yrs||CA$53.00k||0.56% |
|Member of Technical Advisory Board||1.58yrs||no data||no data|
Experienced Board: RR0's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RR0 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 101%.
Rockridge Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Rockridge Resources Ltd.
- Ticker: RR0
- Exchange: DB
- Founded: 2015
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$9.713m
- Listing Market Cap: CA$6.194m
- Shares outstanding: 51.12m
- Website: https://www.rockridgeresourcesltd.com
- Rockridge Resources Ltd.
- 777 Dunsmuir Street
- Suite 1610
- British Columbia
- V7Y 1K4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ROCK||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Dec 2017|
|RR0||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2017|
|RRRL.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2017|
Rockridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company’s flagship project is the Knife Lake Project, which hosts the Knife Lake Cu-Co ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/15 04:33|
|End of Day Share Price||2020/08/14 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.