Rockland Resources (RKL) AI Stock Analysis

• Market Cap: C$5.39M
• Dividend Yield: N/A
• Average Volume (3M): 140.61K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.87
• Revenue Growth: N/A
• EPS Growth: 42.16%
• Country: CA
• Employees: 2,373
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 27,627,653
• 10 Day Avg. Volume: 271,467
• 30 Day Avg. Volume: 140,609
• PEG Ratio: 0.03
• Price to Book (P/B): 1.13
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.83
• 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: 50 Neutral
• Price Target: C$0.18 ▲(20.00% Upside)

The score is held down primarily by weak financial performance (pre-revenue status, widening losses, and ongoing cash burn alongside a shrinking equity/asset base). Technicals are a partial offset due to a strong uptrend above major moving averages, though overbought signals add risk. Valuation remains constrained by negative earnings and no dividend data.

Positive Factors

Low Financial Leverage

Near-zero debt materially lowers interest burden and insolvency risk, giving the company structural flexibility to prioritize exploration spending over debt service. Over 2–6 months this preserves runway options and makes it easier to negotiate financing or JV terms without heavy leverage constraints.

Lower Debt-Driven Cash Strain

Operating cash flows remain negative, but the absence of significant interest expenses and reported improvement in free cash flow growth through 2024–2025 reduces structural financing pressure. This trend can lengthen runway and improve the company's ability to fund next-stage exploration or secure partnerships.

Convertible Exploration Business Model

As an early-stage explorer, the company benefits from multiple durable monetization pathways—asset sale, JV/earn-in, royalty/stream deal, or eventual production. These structural options provide long-term strategic flexibility to realize project value without immediate commercial revenue.

Negative Factors

Pre-Revenue Status

Lack of operating revenue means the company's economics are unproven and value depends on exploration success. Widening net losses signal escalating cash needs and greater reliance on external capital, which structurally increases dilution risk and makes funding cycles decisive for long-term viability.

Shrinking Equity and Asset Base

A materially declining equity and asset base erodes the company's cushion against adverse outcomes and reduces its bargaining power in deals. Over the medium term this raises the likelihood of dilutive financings or asset sales to sustain operations, constraining strategic optionality.

Consistent Negative Operating Cash Flow

Persistent operating cash deficits create a structural funding gap that requires recurring external financing or asset monetization. Over 2–6 months this elevates execution risk: insufficient cash could delay drilling or milestones, hamper JV negotiations, and increase the chance of dilutive capital raises.

Rockland Resources Business Overview & Revenue Model

Company Description

Rockland Resources Ltd. engages in the acquisition and exploration of mineral properties in Canada and Mexico. It explores for gold, uranium, and lithium deposits. The company holds a 100% interest in the Cole Gold Mines property that includes 28 mining claims covering an area of 568 hectares located in Red Lake Mining District, Ontario; and a 75% interest in the Summit Old Timer property, which consists of 3 mineral claims covering an area of 1,915 hectares located in southern British Columbia. It also has an option to acquire 100% interests in the Elektra project that includes 4 exploration concessions covering an area of 41,818 hectares located in the northern Sonora, Mexico; and the Stetham Uranium project, which consists of 268 claims covering an area of 5,360 hectares located in Stetham Township. Rockland Resources Ltd. was incorporated in 2020 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Rockland Resources makes money through the exploration and development of mineral resource properties. The company's key revenue streams typically include the sale of mineral rights, production from developed mining properties, and strategic partnerships or joint ventures with other mining companies. Additionally, Rockland may earn income from the sale of exploration data or through the optioning of its properties to other entities. The company's earnings are significantly influenced by factors such as mineral commodity prices, exploration success, and the efficiency of its mining operations. Partnerships with other companies can also play a crucial role in providing financial support and shared expertise, aiding Rockland in advancing its projects towards production.

Rockland Resources Financial Statement Overview

Summary

Financials reflect an early-stage, pre-revenue company with persistent net losses and ongoing negative operating/free cash flow. While leverage is very low (minimal debt), the equity and asset base has declined materially, indicating sustained funding pressure until revenue traction emerges.

Income Statement

The company is still pre-revenue (total revenue is 0 across all reported years), and profitability remains weak with consistent net losses. Losses have generally widened versus earlier years (net loss moving from roughly -$42k in 2020 to about -$2.33M in 2025), indicating cost structure is not yet scaling to a revenue base. The main positive is that losses are not driven by high leverage (debt is minimal), but overall earnings quality and operating momentum remain pressured until revenue generation improves.

Balance Sheet

The balance sheet shows low financial leverage (total debt is near-zero in most years and only ~$12k in 2024), which reduces solvency risk. However, the equity base has trended down materially (from ~$4.38M in 2023 to ~$1.82M in 2025), reflecting ongoing losses and potential dilution/asset write-down pressure. Total assets also declined (from ~$4.56M in 2023 to ~$2.01M in 2025), so while leverage is conservative, the shrinking capital base is a key risk.

Cash Flow

Cash generation is consistently negative, with operating cash flow below zero every year shown (e.g., about -$728k in 2025 and -$276k in 2024), implying continued cash burn to fund operations. Free cash flow is also negative throughout, and while there is a reported improvement in free cash flow growth in 2024–2025, the company still requires external funding or asset monetization to sustain operations. The key strength is that cash burn is not compounded by heavy interest/debt servicing, but the funding need remains ongoing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	-20.58K	-110.00	0.00
EBITDA	-2.25M	-2.33M	-1.99M	36.45K	137.91K	-957.00K
Net Income	-2.33M	-2.33M	-1.99M	-679.00K	-2.01M	-957.00K
Balance Sheet
Total Assets	2.01M	2.01M	2.99M	4.56M	3.21M	2.76M
Cash, Cash Equivalents and Short-Term Investments	23.12K	23.12K	159.25K	874.78K	396.67K	1.44M
Total Debt	0.00	0.00	12.00K	0.00	0.00	0.00
Total Liabilities	191.77K	191.77K	329.58K	183.62K	159.31K	283.38K
Stockholders Equity	1.82M	1.82M	2.66M	4.38M	3.05M	2.47M
Cash Flow
Free Cash Flow	-728.40K	-728.39K	-275.55K	-630.60K	-2.39M	-1.03M
Operating Cash Flow	-728.39K	-728.39K	-275.55K	-580.60K	-770.56K	-555.28K
Investing Cash Flow	-191.85K	-191.85K	-12.44K	-526.28K	-1.61M	-477.32K
Financing Cash Flow	938.10K	938.10K	223.90K	851.70K	1.33M	2.35M

Rockland Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RKL, the sentiment is Positive. The current price of 0.15 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.12, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 78.93 is Negative, neither overbought nor oversold. The STOCH value of 86.15 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RKL.

Rockland 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%
RKL	50 Neutral	C$5.39M	-2.49	-48.17%	―	―	42.16%
VRR	50 Neutral	C$11.78M	-3.93	-27.93%	―	―	84.01%
PLY	49 Neutral	C$4.24M	-17.65	-92.46%	―	―	94.03%
CAMP	46 Neutral	C$3.30M	-16.99	―	―	―	90.71%
VRB	45 Neutral	C$2.45M	-4.10	-4.76%	―	―	84.01%
CAT	42 Neutral	C$3.40M	-25.00	89.38%	―	―	89.47%

Rockland Resources Corporate Events

Rockland Resources Grants 2 Million Stock Options to Management and Advisors

Rockland Resources Ltd. has granted 2,000,000 stock options to its directors, officers and consultants at an exercise price of $0.16 per share for a three-year term under its stock option plan. The move aligns management and key personnel with shareholder interests and provides equity-based incentives that may support the company’s ability to retain talent and advance its flagship Cole Gold Mines project in Ontario’s Red Lake district.

Rockland Resources Completes $1.2 Million Private Placement to Advance Cole Gold Mines Project

Rockland Resources has closed the final tranche of its previously announced non-brokered private placement, issuing 1,120,000 units at $0.10 per unit for gross proceeds of $112,000, with each unit consisting of one common share and one transferable warrant exercisable at $0.15 for 36 months. The completion of this tranche brings the total financing to 12,000,000 units and $1.2 million in gross proceeds, which will be used to advance the company’s Cole Gold Mines project in Red Lake, Ontario, and for general working capital, providing additional funding to support exploration activities and potentially strengthen Rockland’s position in the gold exploration sector; all shares issued are subject to a four‑month hold period under Canadian securities laws.

Rockland Resources Begins 3,000-Metre Drill Program at Cole Gold Mines in Red Lake

Rockland Resources has launched a 3,000-metre drill program at its flagship Cole Gold Mines project in the Red Lake Mining District of Ontario, marking a key operational step in advancing the historic gold asset. The program, carried out by experienced contractor Chibougamau Drilling, follows extensive digitization and modelling of a century’s worth of historical data, underscoring Rockland’s efforts to systematically test and potentially enhance the project’s resource potential and strategic position within one of Canada’s premier gold camps.

Rockland Resources Lines Up Driller and $1.2 Million Financing for Red Lake Gold Project

Rockland Resources has engaged Chibougamau Drilling, a contractor with extensive Red Lake experience, to carry out an initial 3,000-metre drill program at its flagship Cole Gold Mines project in Ontario, expected to begin later this month. To fund the program and support general working capital, the company has arranged a non-brokered private placement of up to 12 million units at $0.10 each for gross proceeds of up to $1.2 million, with each unit consisting of one share and a warrant exercisable at $0.15 for 36 months, and has confirmed that a qualified geoscientist has reviewed the technical content and now serves as its newly appointed chief geologist, underscoring its commitment to advancing the Cole project and reinforcing its exploration credentials in the Red Lake gold district.

Rockland Resources Sharpens Gold Focus with Red Lake Drilling, Repositions Utah Beryllium Assets

Rockland Resources is preparing to launch a 2,500-metre drill program at its 100%-owned flagship Cole Gold Mines project in Ontario’s prolific Red Lake mining district, targeting high-grade gold shoots identified through 3D modelling of historic underground mine data and previous drilling. The program will focus on three key areas, including depth extensions at the historic mine, a high-grade intercept 500 metres southwest of the workings, and Vein 6, where historic sampling returned notable gold and silver grades, underlining management’s shift toward prioritizing gold exploration. In Utah, the company is repositioning its beryllium portfolio by seeking earn-in partners for the Claybank and Meteor projects while abandoning the Beryllium Butte claims after the Bureau of Land Management deemed the ground ineligible for mining, and it expects to recover fees and its posted bond, further concentrating capital and operational focus on advancing its high-potential Red Lake gold asset.

Rockland Resources Closes Successful Private Placement and Boosts Marketing Efforts

Rockland Resources Ltd., a company focused on mineral exploration and acquisition, has successfully closed an oversubscribed non-brokered private placement, raising $606,200 through the issuance of 7,577,500 units. The proceeds will be used for general working capital. Additionally, the company has engaged Phenom Ventures to enhance its marketing and investor awareness, aiming to increase visibility across financial media platforms.

Rockland Resources Completes Fully Subscribed Private Placement

Rockland Resources Ltd. announced that its non-brokered private placement of 7.5 million units has been fully subscribed, raising $600,000. The proceeds will be used to advance the Cole Gold Mines project in Red Lake, Ontario, and for general working capital. This financing marks a significant step in the company’s efforts to enhance its operations and strengthen its position in the mineral exploration industry.

Rockland Resources Secures $600,000 for Cole Gold Mines Project

Rockland Resources Ltd. has announced a non-brokered private placement to raise $600,000 through the sale of 7.5 million units, each comprising one common share and one share purchase warrant. The funds will be used to advance the Cole Gold Mines project in Ontario and for general working capital, potentially enhancing the company’s growth prospects and value for shareholders.

Rockland Resources Reports High-Grade Gold Finds and New Chief Geologist Appointment

Rockland Resources Ltd. announced significant gold sampling results from its Cole Gold Mine Property in the Red Lake Mining District, with assays reaching up to 145 g/t gold. The company also appointed Danae Voormeij as Chief Geologist, bringing her extensive experience in gold exploration to the team. These developments are expected to enhance Rockland’s exploration capabilities and strategic positioning in the gold mining industry, as they plan further drilling and trenching programs in 2026.

Rockland Resources Secures $180,000 for Gold Mine Advancement

Rockland Resources Ltd. has successfully closed a non-brokered private placement, raising $180,000 through the issuance of three million units. The proceeds will be used to advance the Cole Gold Mines project in Red Lake, Ontario, and for general working capital purposes, potentially enhancing the company’s operations and market positioning.

Rockland Resources Completes Fully Subscribed Private Placement

Rockland Resources Ltd. announced that its non-brokered private placement of 3 million units, priced at $0.06 per unit, has been fully subscribed, raising $180,000. The funds will be used to advance the Cole Gold Mines project in Ontario and for general working capital. This financing move is expected to support the company’s operations and strengthen its position in the critical minerals and gold exploration sectors.

Rockland Resources Announces $180,000 Private Placement to Fund Gold Project

Rockland Resources Ltd. has announced a non-brokered private placement to raise $180,000 through the sale of 3 million units, each consisting of a common share and a share purchase warrant. The funds will be used to advance the Cole Gold Mines project in Ontario and for general working capital. Additionally, the company has set 750,000 stock options for its directors, officers, and consultants. This financing initiative supports Rockland’s strategic focus on mineral exploration and positions the company to strengthen its operations in the Red Lake district.