DB:RR0

Stock Analysis Report

Rockridge Resources

Executive Summary

Rockridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Risks

  • Rockridge Resources has significant price volatility in the past 3 months.
  • Rockridge Resources is not covered by any analysts.

Share Price & News

How has Rockridge Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-14.4%

DB:RR0

-6.5%

DE Metals and Mining

-1.6%

DE Market


1 Year Return

n/a

DB:RR0

-48.5%

DE Metals and Mining

-10.5%

DE Market

No trading data on RR0.

No trading data on RR0.


Share holder returns

RR0IndustryMarket
7 Day-14.4%-6.5%-1.6%
30 Day-15.1%-15.5%-5.4%
90 Day-33.6%-22.5%-6.0%
1 Yearn/a-47.6%-48.5%-7.7%-10.5%
3 Yearn/a-47.3%-49.1%9.4%-0.02%
5 Yearn/a-43.0%-46.1%25.5%8.1%

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

Valuation

Is Rockridge Resources undervalued based on future cash flows and its price relative to the stock market?

1.39x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Rockridge Resources to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Rockridge Resources to establish if it is available at substantial discount.


Price Based on Earnings

Rockridge Resources is loss making, we can't compare its value to the Europe Metals and Mining industry average.

Rockridge Resources is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Rockridge Resources, we can't assess if its growth is good value.


Price Based on Value of Assets

Rockridge Resources is good value based on assets compared to the DE Metals and Mining industry average.


Next Steps

Future Growth

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

63.0%

Forecasted Metals and Mining 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.


Next Steps

Past Performance

How has Rockridge Resources performed over the past 5 years?

-1123.4%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Rockridge Resources does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.

Unable to compare Rockridge Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Rockridge Resources's 1-year growth to the Europe Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Rockridge Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Rockridge Resources has efficiently used its assets last year compared to the Europe Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Rockridge Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Rockridge Resources's financial position?


Financial Position Analysis

Rockridge Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Rockridge Resources has no long term commitments.


Debt to Equity History and Analysis

Rockridge Resources has no debt.

Rockridge Resources has not taken on any debt in the past 5 years.


Balance Sheet

High level of physical assets or inventory.

Rockridge Resources has no debt, it does not need to be covered by short term assets.


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.

Rockridge Resources has less than a year of cash runway based on current free cash flow.

Rockridge Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 131.2% each year.


Next Steps

Dividend

What is Rockridge Resources's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Rockridge Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Rockridge Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Rockridge Resources has not reported any payouts.

Unable to verify if Rockridge Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Rockridge Resources has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Rockridge Resources's salary, the management and board of directors tenure and is there insider trading?

2.9yrs

Average board tenure


CEO

Grant Ewing (58yo)

0.3yrs

Tenure

Mr. Grant David Ewing, P.Geo, serves as Chief Executive Officer at Rockridge Resources Ltd. Since May 2019. He was CEO, President and Director of New Energy Metals Corp. (formerly, Darien Resource Develop ...


Board Age and Tenure

2.9yrs

Average Tenure

64.5yo

Average Age

The average tenure for the Rockridge Resources board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Rockridge Resources individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

Buy€1,14915 Aug 19
Jordan Trimble
EntityIndividual
Role
President
Member of the Board of Directors
Shares10,000
Max Price€0.11
Buy€7,32417 Jun 19
Grant Ewing
EntityIndividual
Role
Chief Executive Officer
Shares50,000
Max Price€0.15
Buy€7,31712 Jun 19
Grant Ewing
EntityIndividual
Role
Chief Executive Officer
Shares50,000
Max Price€0.15
Buy€23,17516 Apr 19
Jordan Trimble
EntityIndividual
Role
President
Member of the Board of Directors
Shares100,000
Max Price€0.23
Buy€23,24204 Apr 19
Joseph Gallucci
EntityIndividual
Role
Member of the Board of Directors
Shares135,000
Max Price€0.17
Buy€7609 Jan 19
Jordan Trimble
EntityIndividual
Role
President
Member of the Board of Directors
Shares500
Max Price€0.15
Buy€2,18507 Jan 19
Jordan Trimble
EntityIndividual
Role
President
Member of the Board of Directors
Shares14,500
Max Price€0.15
Buy€42026 Dec 18
Jordan Trimble
EntityIndividual
Role
President
Member of the Board of Directors
Shares2,500
Max Price€0.17
Buy€16,33022 Dec 18
Jordan Trimble
EntityIndividual
Role
President
Member of the Board of Directors
Shares125,000
Max Price€0.13
Buy€7,00522 Dec 18
Jordan Trimble
EntityIndividual
Role
President
Member of the Board of Directors
Shares42,500
Max Price€0.16

Ownership Breakdown


Management Team

  • Grant Ewing (58yo)

    Chief Executive Officer

    • Tenure: 0.3yrs
  • Jordan Trimble (30yo)

    President

    • Compensation: CA$20.50k
  • Chantelle Collins

    Chief Financial Officer

    • Tenure: 0.5yrs

Board Members

  • Rick Kusmirski (65yo)

    VP of Exploration & Director

    • Tenure: 2.9yrs
    • Compensation: CA$3.50k
  • Jim Pettit (64yo)

    Director

    • Tenure: 2.9yrs
    • Compensation: CA$16.00k
  • Don Huston (67yo)

    Director

    • Tenure: 2.9yrs
    • Compensation: CA$7.50k
  • Joseph Gallucci

    Director

    • Tenure: 0.5yrs
  • Jordan Trimble (30yo)

    President

    • Tenure: 3.8yrs
    • Compensation: CA$20.50k
  • Ron Netolitzky

    Member of Technical Advisory Board

    • Tenure: 0.6yrs

Company Information

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


Key Information

  • Name: Rockridge Resources Ltd.
  • Ticker: RR0
  • Exchange: DB
  • Founded: 2015
  • Industry: diversified metals and mining
  • Sector: materials
  • Market Cap: CA$4.070m
  • Listing Market Cap: CA$2.760m
  • Shares outstanding: 25.44m
  • Website: Click here

Location

  • Rockridge Resources Ltd.
  • 777 Dunsmuir Street
  • Suite 1610
  • Vancouver
  • British Columbia
  • V7Y 1K4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ROCKTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2017
RR0DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2017
RRRL.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2017
ROCKTSXV (TSX Venture Exchange)COMCACADDec 2017

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/16 22:33
End of Day Share Price2019/08/16 00:00
Earnings2019/04/30
Annual Earnings2018/07/31


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.