ROK Resources (TSE:ROK) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
ROK Resources Inc. has announced its Q1 2024 financial results, maintaining its strategic budget and reducing its adjusted net debt to $14.4 million, a drop from the previous quarter. The company achieved production growth and operational cost efficiencies, setting the stage to launch a drilling program targeting Frobisher light oil prospects in Southeast Saskatchewan. ROK is gearing up for an active second quarter with a $10 million budget allocated for drilling activities.
For further insights into TSE:ROK stock, check out TipRanks’ Stock Analysis page.
