Rockhaven Resources (RK) AI Stock Analysis

• Market Cap: C$20.50M
• Dividend Yield: N/A
• Average Volume (3M): 54.76K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.45
• Revenue Growth: N/A
• EPS Growth: 68.18%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Other Precious Metals
• EPS (TTM): 0.00
• Shares Outstanding: 292,803,130
• 10 Day Avg. Volume: 27,301
• 30 Day Avg. Volume: 54,760
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -225.80
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Rockhaven Resources is facing considerable financial challenges with no revenue and persistent losses, despite a debt-free balance sheet. Technical analysis provides some support, but valuation metrics indicate potential overvaluation. The absence of earnings call data and corporate events keeps the focus on these existing concerns.

Rockhaven Resources Business Overview & Revenue Model

Company Description

Rockhaven Resources Ltd. is a mineral exploration company focused on the acquisition, exploration, and development of precious metal properties. The company operates primarily in the mining sector, with a particular emphasis on gold and silver deposits. Rockhaven's core product is the advancement of its flagship Klaza property, located in the Yukon Territory, Canada, where it is actively involved in exploration activities to assess and expand mineral resources.

How the Company Makes Money

Rockhaven Resources generates revenue primarily through the exploration and development of mineral properties, aiming to increase their value for potential acquisition or production partnerships. The company invests in drilling programs and geological assessments to delineate resource estimates and enhance the property's appeal to larger mining companies or investors. Rockhaven may also form joint ventures or strategic partnerships with other mining firms to share exploration costs and risks while retaining a stake in the project's future profitability. Additionally, successful exploration results can lead to direct sales of mineral resources or attract investment, thereby providing further funding for the company's operations.

Rockhaven Resources Financial Statement Overview

Summary

Rockhaven Resources faces significant financial challenges with no revenue and persistent losses. The company benefits from a debt-free balance sheet and strong equity ratio, which provides some stability. However, the negative cash flows and continued reliance on financing present considerable risks going forward.

Income Statement

Rockhaven Resources shows consistent losses with no revenue generation over the recent years. The company has negative EBIT and net income margins, indicating ongoing operational challenges. The absence of revenue growth further exacerbates these issues.

Balance Sheet

The company maintains a healthy equity base with no debt, resulting in a favorable debt-to-equity ratio. However, the return on equity is negative due to consistent net losses. The equity ratio is strong, highlighting a solid financial position despite operational losses.

Cash Flow

The cash flow situation is concerning, with negative free cash flow and operating cash flow. There is a significant reliance on external financing to cover operational deficiencies. The free cash flow to net income ratio is weak, reflecting poor cash generation relative to net losses.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-326.49K	-600.40K	-667.49K	-616.16K	-835.61K	-410.90K
	EBITDA
-281.51K	-57.40K	-613.96K	-672.99K	-747.34K	-381.11K
	Net Income Common Stockholders
-201.49K	-454.88K	-728.77K	-431.71K	-663.85K	-237.35K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
509.30K	1.04M	2.56M	2.00M	5.21M	2.88M
	Total Assets
34.77M	49.13M	49.54M	45.16M	44.00M	38.93M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-467.80K	-1.00M	-2.53M	-1.95M	-5.11M	-2.83M
	Total Liabilities
1.74M	3.82M	3.99M	3.80M	4.02M	2.58M
	Stockholders Equity
33.03M	45.31M	45.55M	41.35M	39.97M	36.35M
Cash Flow		Free Cash Flow
-747.49K	-378.18K	-512.29K	-432.71K	-449.55K	-464.55K
	Operating Cash Flow
-270.11K	-378.18K	-481.26K	-400.79K	-416.82K	-432.63K
	Investing Cash Flow
-695.13K	-1.14M	-3.72M	-4.39M	-2.58M	-1.71M
	Financing Cash Flow
0.00	0.00	4.77M	1.63M	5.28M	4.51M

Rockhaven Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RK, the sentiment is Negative. The current price of 0.08 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.07, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.43 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:RK.

Rockhaven Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	79 Outperform	C$2.92B	18.59	26.82%	―	77.93%	236.93%
WDO	78 Outperform	C$2.50B	18.19	27.15%	―	67.54%	―
GQC	48 Neutral	C$164.82M	―	-26.93%	―	―	25.41%
Sector *	47 Neutral	$2.64B	-3.21	-21.68%	3.30%	4.19%	-30.23%
RK	46 Neutral	C$20.50M	―	-0.44%	―	―	68.18%
BTR	31 Underperform	C$36.72M	―	-91.29%	―	―	7.15%
NUG	25 Underperform	$3.62M	―	-196.38%	―	―	-2283.33%

Rockhaven Resources Corporate Events

Rockhaven Resources Closes $1 Million Private Placement to Fund Klaza Project

Rockhaven Resources Ltd. has successfully closed a non-brokered private placement, raising $1,000,000 through the sale of 16,666,667 units. Each unit comprises one common share and one share purchase warrant, allowing the holder to purchase an additional share at $0.10 until 2027. This funding, which involved participation from insiders such as director Brad Thrall and Condire Resource Master Partnership, will support further exploration at the Klaza Gold-Silver Project and general working capital. The closing of this offering reflects Rockhaven’s ongoing commitment to resource development and exploration in the Yukon, with potential implications for its market positioning and stakeholder interests.