Rockhaven Resources (RK) AI Stock Analysis

• Market Cap: C$74.66M
• Dividend Yield: N/A
• Average Volume (3M): 204.97K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.04
• Revenue Growth: N/A
• EPS Growth: -142.86%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 292,803,130
• 10 Day Avg. Volume: 199,210
• 30 Day Avg. Volume: 204,968
• PEG Ratio: 2.16
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -82.82
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: C$0.18 ▼(-11.00% Downside)
• Action: Reiterated Date: 02/03/26
• Date: Action: Reiterated 02/03/26

The score is held back primarily by the lack of revenue and ongoing losses/cash burn, despite a strong, debt-free balance sheet that lowers solvency risk. Technicals are mixed (better long-term trend but weaker near-term momentum), and valuation is difficult to justify with a negative P/E and no dividend yield provided.

Positive Factors

Debt-free balance sheet

A zero-debt balance sheet materially reduces refinancing and interest-rate risk for an exploration company. This durable financial flexibility supports multi-year exploration programs, allows management to pursue partnerships or option deals without immediate debt pressure, and lowers bankruptcy risk if markets tighten.

Sizable equity and asset base

A substantial equity and asset base provides an enduring cushion to absorb exploration losses and fund project work without immediate dilution. It enhances the company’s ability to attract JV partners or option financings, prolongs runway for discovery efforts, and preserves optionality for value-realizing transactions.

Focused exploration of precious/base metals in Canada

Concentrating on precious and base-metal exploration in Canada gives structural advantages: established permitting, mining services, and investor interest. This jurisdictional and commodity focus increases the likelihood of partnering, earn-ins, or asset sales that can convert exploration upside into long-term value.

Negative Factors

No operating revenue

Absent operating revenue, the company cannot self-fund growth or operations from recurring business activity. Long-term value creation therefore depends on exploration success or third-party transactions, increasing exposure to capital markets and execution risk if discovery or deals fail to materialize.

Persistent negative operating and free cash flow

Consistent cash burn requires ongoing external financing to sustain exploration programs. Over months to years this creates dilution risk, constrains the pace of technical work, and makes project timelines contingent on capital availability, limiting the company’s ability to independently advance assets to development.

Loss-making with limited earnings visibility

Persistent net losses and unclear path to profitability weaken long-term investor returns absent a material resource discovery or sale. This structural uncertainty can erode equity if losses continue, and places strategic pressure on management to secure partner transactions or monetization events to realize asset value.

Rockhaven Resources Business Overview & Revenue Model

Company Description

Rockhaven Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company primarily explores for precious and base metal deposits. It holds a 100% interest in the Klaza gold-silver property that includes 1,478 mineral claims covering an area of 287 square kilometers located in the Whitehorse mining district, Yukon Territory. The company was incorporated in 2005 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Rockhaven Resources generates revenue through the exploration and potential development of mineral properties, particularly gold and silver deposits. The company's primary revenue model involves increasing the value of its mineral assets through exploration and development activities, which can lead to potential future income through the sale of these assets, joint ventures, or production agreements with larger mining companies. Additionally, Rockhaven may raise funds through equity financing to support its exploration activities. The company's partnerships and strategic alliances within the mining sector also play a crucial role in advancing its projects and securing necessary funding.

Rockhaven Resources Financial Statement Overview

Summary

Balance sheet strength (no debt, sizable and stable equity base) is a major positive, but fundamentals are weak with no revenue, persistent net losses, and ongoing negative operating/free cash flow indicating continued reliance on external funding.

Income Statement

Across the annual periods and TTM (Trailing-Twelve-Months), the company reports no revenue and consistent operating losses, with net income remaining negative each year. Losses improved versus 2022 but widened again in 2023 and remain sizable in TTM, indicating limited earnings visibility and ongoing reliance on external funding rather than operating profitability. The main strength is that losses are relatively contained versus the company’s equity base, but the overall earnings profile is weak.

Balance Sheet

The balance sheet is a clear strength: total debt is reported as zero across all periods, with a large and fairly stable equity base (~$46M) and assets (~$50M). This creates strong financial flexibility and reduces refinancing risk. The key weakness is that returns on equity are consistently negative (loss-making business), which can pressure equity over time if losses persist.

Cash Flow

Cash generation is weak: operating cash flow and free cash flow are negative in every period, including TTM (Trailing-Twelve-Months), reflecting ongoing cash burn. There is a positive trend in that cash burn appears less severe in TTM versus 2022–2023, and free cash flow has shown positive growth recently, but cash flows still do not cover the company’s spending needs. The primary risk is continued dependence on financing to sustain operations.

Breakdown	TTM	Mar 2025	Mar 2024	Dec 2022	Dec 2021	Dec 2020
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
EBITDA	-603.19K	-297.00K	-57.40K	-608.47K	-614.90K	-888.00K
Net Income	-490.76K	-218.00K	-455.00K	-729.00K	-432.00K	-664.00K
Balance Sheet
Total Assets	49.56M	49.78M	49.13M	49.54M	45.16M	44.00M
Cash, Cash Equivalents and Short-Term Investments	866.82K	791.53K	1.04M	2.56M	2.00M	5.21M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	3.60M	3.69M	3.82M	3.99M	3.80M	4.02M
Stockholders Equity	45.96M	46.09M	45.31M	45.55M	41.35M	39.97M
Cash Flow
Free Cash Flow	-327.36K	-283.91K	-378.18K	-512.29K	-432.71K	-449.55K
Operating Cash Flow	-327.35K	-282.46K	-378.18K	-481.26K	-400.79K	-416.82K
Investing Cash Flow	-217.02K	-483.36K	-1.14M	-3.72M	-4.39M	-2.58M
Financing Cash Flow	982.25K	522.25K	0.00	4.77M	1.63M	5.28M

Rockhaven Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Positive. The current price of 0.2 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.21, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 59.71 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RK.

Rockhaven Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
PAU	55 Neutral	C$47.38M	-16.55	-30.96%	―	―	5.07%
RK	48 Neutral	C$74.66M	-23.79	-1.08%	―	―	-142.86%
VML	46 Neutral	C$77.00M	-112.34	-26.74%	―	―	-85.26%
ESAU	45 Neutral	C$62.83M	-12.01	-68.71%	―	―	5.05%
EMPS	45 Neutral	C$69.69M	-12.00	-14.82%	―	―	-39.00%
PNTR	42 Neutral	C$40.76M	-73.87	-72.41%	―	―	-14.77%

Rockhaven Resources Corporate Events

Rockhaven Resources Unveils High-Grade Gold-Silver Findings at Klaza Project

Rockhaven Resources has announced significant assay results from its 2025 exploration program at the Klaza property, revealing multiple high-grade gold and silver vein exposures in the Western BRX Zone. The results are critical for future economic studies and planning a bulk sampling program in 2026, with potential implications for fast payback and low impact development, as well as engagement with local First Nations and environmental assessments.