Rockhaven Resources Financials

RK Stock  CAD 0.09  0.01  12.50%   
We recommend to use Rockhaven Resources fundamental analysis to find out if markets are presently mispricing the firm. Put it differently this technique allows you to confirm available drivers of Rockhaven Resources as well as the relationship between them. We were able to interpolate twenty-six available financial ratios for Rockhaven Resources, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Rockhaven Resources to be traded at C$0.1125 in 90 days. Key indicators impacting Rockhaven Resources' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.06030.0679
Fairly Down
Slightly volatile
Current Ratio10.338.5049
Fairly Up
Pretty Stable
  
Understanding current and past Rockhaven Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Rockhaven Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Rockhaven Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Rockhaven Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Rockhaven Resources. Check Rockhaven Resources' Beneish M Score to see the likelihood of Rockhaven Resources' management manipulating its earnings.

Rockhaven Resources Stock Summary

Rockhaven Resources competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Rockhaven Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company was incorporated in 2005 and is headquartered in Vancouver, Canada. ROCKHAVEN RESOURCES operates under Other Precious Metals Mining classification in Exotistan and is traded on Commodity Exchange.
Specialization
Basic Materials, Other Precious Metals & Mining
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA77340P1018
Business Address1100 Melville Street,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.rockhavenresources.com
Phone604 416 4585
CurrencyCAD - Canadian Dollar
You should never invest in Rockhaven Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Rockhaven Stock, because this is throwing your money away. Analyzing the key information contained in Rockhaven Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Rockhaven Resources Key Financial Ratios

There are many critical financial ratios that Rockhaven Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Rockhaven Resources reports annually and quarterly.

Rockhaven Resources Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets38.9M44.0M45.2M49.5M49.1M29.4M
Net Debt(2.8M)(5.1M)(2.0M)(2.5M)(65.7K)(68.9K)
Retained Earnings(11.9M)(12.1M)(12.0M)(12.8M)(13.2M)(13.9M)
Accounts Payable101.2K195.1K218.3K202.5K98.0K120.0K
Cash2.8M5.1M2.0M2.5M65.7K62.4K
Net Receivables27.9K40.7K30.9K24.2K12.4K11.8K
Total Liab2.6M4.0M3.8M4.0M3.8M2.1M
Total Current Assets2.9M5.3M2.0M2.6M1.1M1.0M
Other Current Liab481.6K1.4M95.0K28.6K32.9K31.2K
Other Liab2.0M2.4M3.5M3.8M4.4M2.2M
Net Tangible Assets36.3M40.0M41.4M45.5M52.4M36.2M
Other Assets104.4K3.1K153.0160.0184.0174.8
Common Stock47.4M51.2M52.8M57.6M66.2M49.1M
Other Current Assets40.9K39.7K21.9K25.4K25.8K26.2K
Net Invested Capital36.3M40.0M41.4M45.5M45.3M43.1M
Net Working Capital2.4M3.7M1.7M2.4M949.5K902.0K
Capital Stock47.4M51.2M52.8M57.6M66.2M56.9M

Rockhaven Resources Key Income Statement Accounts

201920202021202220232024 (projected)
Operating Income(410.9K)(835.6K)(616.2K)(667.5K)(600.4K)(630.4K)
Ebitda(416.4K)(888.2K)(558.1K)(662.0K)(600.4K)(570.4K)
Income Before Tax(381.1K)(747.3K)(673.0K)(614.0K)(551.5K)(579.0K)
Net Income(237.3K)(663.8K)(431.7K)(728.8K)(454.9K)(477.6K)
Income Tax Expense(143.8K)(83.5K)(241.3K)114.8K(96.6K)(101.4K)
Ebit(410.9K)(835.6K)(616.2K)(667.5K)(388.9K)(408.3K)
Tax Provision(143.8K)(83.5K)(241.3K)114.8K(96.6K)(91.7K)
Net Interest Income24.3K35.7K1.3K59.1K51.7K54.3K
Interest Income24.3K35.7K1.3K59.1K51.7K27.5K

Rockhaven Resources Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash2.4M2.3M(3.2M)570.7K(11.5K)(10.9K)
Free Cash Flow(464.6K)(449.5K)(432.7K)(512.3K)(1.5M)(1.6M)
Capital Expenditures842.2K31.9K32.7K31.0K1.2M1.2M
Net Income(237.3K)(663.8K)(431.7K)(728.8K)(454.9K)(477.6K)
End Period Cash Flow2.8M5.1M2.0M2.5M65.7K62.4K
Other Non Cash Items(29.8K)(35.7K)(1.3K)(59.1K)214.3K203.6K
Investments(1.7M)(2.6M)(4.4M)(3.7M)(1.1M)(1.2M)
Change To Netincome(173.6K)214.2K(5.8K)302.6K272.3K157.0K

Rockhaven Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Rockhaven Resources's current stock value. Our valuation model uses many indicators to compare Rockhaven Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rockhaven Resources competition to find correlations between indicators driving Rockhaven Resources's intrinsic value. More Info.
Rockhaven Resources is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . At this time, Rockhaven Resources' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rockhaven Resources' earnings, one of the primary drivers of an investment's value.

Rockhaven Resources Systematic Risk

Rockhaven Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rockhaven Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Rockhaven Resources correlated with the market. If Beta is less than 0 Rockhaven Resources generally moves in the opposite direction as compared to the market. If Rockhaven Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rockhaven Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rockhaven Resources is generally in the same direction as the market. If Beta > 1 Rockhaven Resources moves generally in the same direction as, but more than the movement of the benchmark.

Rockhaven Resources Total Assets Over Time

Today, most investors in Rockhaven Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Rockhaven Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Rockhaven Resources growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.0

At this time, Rockhaven Resources' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Rockhaven Resources November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Rockhaven Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rockhaven Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rockhaven Resources based on widely used predictive technical indicators. In general, we focus on analyzing Rockhaven Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rockhaven Resources's daily price indicators and compare them against related drivers.

Additional Tools for Rockhaven Stock Analysis

When running Rockhaven Resources' price analysis, check to measure Rockhaven Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rockhaven Resources is operating at the current time. Most of Rockhaven Resources' value examination focuses on studying past and present price action to predict the probability of Rockhaven Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockhaven Resources' price. Additionally, you may evaluate how the addition of Rockhaven Resources to your portfolios can decrease your overall portfolio volatility.