CSE

Rockland Resources Ltd.

RKL.CN•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.10
Today's Change
-4.55%
Market Cap
$8.22M
Volume
16.00K
⛏️

Commodity Exposure

Diversified Mining

💡

Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Rockland Resources Ltd. focuses on acquiring and exploring mineral properties in Canada and the U.S., primarily for gold, tungsten, and beryllium. While the company boasts a strong liquidity position with a current ratio of 2.36 and no debt, it faces concerns with negative returns on equity and assets, indicating operational inefficiencies. The stock's recent decline of 4.55% may reflect market skepticism about its growth potential, despite its solid financial health score of 75/100. Overall, while the company has a stable balance sheet, its profitability metrics warrant caution.

Based on 19 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.34
52 Week Low$0.06
Avg Volume96.10K
Beta0.87
Shares Outstanding78.32M

🔥 Valuation

Market Cap$8.22M
Enterprise Value$7.13M
P/E Ratio-1.11
EV/EBITDA ⚠️-1.82x
Dividend Yield0.00%

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🚩 Red Flags

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Limited Cash Runway

Company is burning $106K per quarter with $401K in cash. Approximately 3.8 quarters of runway at current burn rate.

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Significant Losses

Company posted a loss of $-1.6M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $424K over the last year.

🌟 Opportunities

🚀

Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

✨

Strong liquidity position with current ratio of 2.4x.

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