Rockfire Resources plc, through its subsidiaries, explores for gold and copper resources in Australia and Papua New Guinea.
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Rockfire Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ROCK's share price has been volatile over the past 3 months.
7 Day Return
GB Metals and Mining
1 Year Return
GB Metals and Mining
Return vs Industry: ROCK exceeded the UK Metals and Mining industry which returned -5.1% over the past year.
Return vs Market: ROCK exceeded the UK Market which returned -12.5% over the past year.
Price Volatility Vs. Market
How volatile is Rockfire Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDo Insiders Own Lots Of Shares In Rockfire Resources plc (LON:ROCK)?
2 months ago | Simply Wall StWe're A Little Worried About Rockfire Resources's (LON:ROCK) Cash Burn Rate
4 months ago | Simply Wall StCould The Rockfire Resources plc (LON:ROCK) Ownership Structure Tell Us Something Useful?
Is Rockfire 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 ROCK's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ROCK's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ROCK is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: ROCK is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ROCK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ROCK is overvalued based on its PB Ratio (2.3x) compared to the GB Metals and Mining industry average (1.1x).
How is Rockfire 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 Rockfire 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 Rockfire 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.
- Rockfire 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 Rockfire Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ROCK is currently unprofitable.
Growing Profit Margin: ROCK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ROCK is unprofitable, but has reduced losses over the past 5 years at a rate of 23% per year.
Accelerating Growth: Unable to compare ROCK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ROCK is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (9.8%).
Return on Equity
High ROE: ROCK has a negative Return on Equity (-26.32%), as it is currently unprofitable.
How is Rockfire Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ROCK's short term assets (£819.0K) exceed its short term liabilities (£146.5K).
Long Term Liabilities: ROCK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ROCK is debt free.
Reducing Debt: ROCK 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: ROCK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ROCK has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.1% each year.
What is Rockfire Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ROCK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ROCK'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 ROCK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ROCK'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 ROCK's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
David Price (53yo)
Mr. David William Price, BSc, MAICD, MAIG, FAIMM, is Chief Executive Officer, Managing Director and Executive Director of Rockfire Resources plc (formerly, Papua Mining Plc). Mr. Price served as the Chairm ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD169.22K) is below average for companies of similar size in the UK market ($USD336.69K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
|Executive Chairman||1.83yrs||UK£76.39k||1.39% £77.2k|
|CEO, MD & Executive Director||2.58yrs||UK£137.11k||2.19% £121.2k|
|Independent Non Executive Director||1.17yrs||UK£20.00k||1.02% £56.6k|
|Independent Non-Executive Director||1.42yrs||UK£23.53k||no data|
|Non Executive Director||1yr||UK£20.00k||8.17% £452.5k|
Experienced Board: ROCK's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ROCK insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 45.2%.
Rockfire Resources plc's company bio, employee growth, exchange listings and data sources
- Name: Rockfire Resources plc
- Ticker: ROCK
- Exchange: AIM
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: UK£5.538m
- Shares outstanding: 632.94m
- Website: https://www.rockfireresources.com
Number of Employees
- Rockfire Resources plc
- Salisbury House
- London Wall
- Greater London
- EC2M 5PS
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ROCK||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Mar 2012|
|P2P||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Mar 2012|
Rockfire Resources plc, through its subsidiaries, explores for gold and copper resources in Australia and Papua New Guinea. It holds six exploration tenements in Queensland and one applications for tenements in Papua New Guinea. The company was formerly known as Papua Mining plc and changed its name to Rockfire Resources plc in June 2018. Rockfire Resources plc and is based in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 23:29|
|End of Day Share Price||2020/05/29 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.