Rockridge Resources Stock Today

ROCK Stock  CAD 0.015  0.005  25.00%   

Performance

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Odds Of Distress

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Rockridge Resources is selling for under 0.015 as of the 3rd of December 2023; that is -25 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.015. Rockridge Resources has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Rockridge Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of October 2023 and ending today, the 3rd of December 2023. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Rockridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. Rockridge Resources Ltd. was incorporated in 2015 and is headquartered in Vancouver, Canada. ROCKRIDGE RESOURCES operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.. The company has 125.01 M outstanding shares of which 8.92 K shares are at this time shorted by private and institutional investors with about 0.36 days to cover all short positions. More on Rockridge Resources

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Moving against Rockridge Stock

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Follow Valuation Odds of Bankruptcy
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Rockridge Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Rockridge Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Rockridge Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chief Executive OfficerGrant Ewing
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Rockridge Resources' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
Rockridge Resources (ROCK) is traded on TSX Venture Exchange in Canada and employs 11 people. Rockridge Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.88 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rockridge Resources's market, we take the total number of its shares issued and multiply it by Rockridge Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Rockridge Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 125.01 M outstanding shares of which 8.92 K shares are at this time shorted by private and institutional investors with about 0.36 days to cover all short positions. Rockridge Resources has accumulated about 159.76 K in cash with (786.15 K) of positive cash flow from operations.
Check Rockridge Resources Probability Of Bankruptcy
Ownership
Rockridge Resources owns a total of one hundred twenty-five million seven thousand outstanding shares. Rockridge Resources holds 5.07 pct. of its outstanding shares held by insiders and 0.0 pct. owned by third-party entities. Please note that no matter how much assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation

Check Rockridge Ownership Details

Rockridge Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Rockridge Resources jumping above the current price in 90 days from now is about 87.6%. The Rockridge Resources probability density function shows the probability of Rockridge Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Rockridge Resources has a beta of 0.9301 indicating Rockridge Resources market returns are correlated to returns on the market. As the market goes up or down, Rockridge Resources is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Rockridge Resources is significantly underperforming NYSE Composite.
  Odds Below 0.015HorizonTargetOdds Above 0.015
12.35%90 days
 0.015 
87.60%
Based on a normal probability distribution, the odds of Rockridge Resources to move above the current price in 90 days from now is about 87.6 (This Rockridge Resources probability density function shows the probability of Rockridge Stock to fall within a particular range of prices over 90 days) .

Rockridge Resources Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Rockridge Resources market risk premium is the additional return an investor will receive from holding Rockridge Resources long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Rockridge Resources. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Rockridge Resources' alpha and beta are two of the key measurements used to evaluate Rockridge Resources' performance over the market, the standard measures of volatility play an important role as well.

Rockridge Stock Against Markets

Picking the right benchmark for Rockridge Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Rockridge Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Rockridge Resources is critical whether you are bullish or bearish towards Rockridge Resources at a given time. Please also check how Rockridge Resources' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rockridge Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Rockridge Resources Corporate Executives

Elected by the shareholders, the Rockridge Resources' board of directors comprises two types of representatives: Rockridge Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rockridge. The board's role is to monitor Rockridge Resources' management team and ensure that shareholders' interests are well served. Rockridge Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rockridge Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Amanda ChowChief Financial Officer, SecretaryProfile

How to buy Rockridge Stock?

Before investing in Rockridge Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Rockridge Resources. To buy Rockridge Resources stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Rockridge Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Rockridge Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Rockridge Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Rockridge Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Rockridge Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Rockridge Resources?

The danger of trading Rockridge Resources is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Rockridge Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Rockridge Resources. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Rockridge Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockridge Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
Note that the Rockridge Resources information on this page should be used as a complementary analysis to other Rockridge Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Rockridge Resources' price analysis, check to measure Rockridge 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 Rockridge Resources is operating at the current time. Most of Rockridge Resources' value examination focuses on studying past and present price action to predict the probability of Rockridge Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockridge Resources' price. Additionally, you may evaluate how the addition of Rockridge Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Rockridge Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rockridge Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rockridge Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.