Rockland Resources (TSE:RKL)
:RKL
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Rockland Resources
(RKL)
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Select Model
Rating:47Neutral
Price Target:
C$0.24
▲(60.67% Upside)
Action:ReiteratedDate:03/21/26
The score is held down primarily by weak financial performance (no revenue, recurring losses, and ongoing cash burn) despite low balance-sheet leverage. Technical indicators are mixed-to-neutral with some longer-term trend support but limited near-term momentum. Valuation is constrained by negative earnings and no indicated dividend yield.
Positive Factors
Low leverage / no debt
Essentially no debt materially reduces financial risk and preserves strategic optionality over the next 2–6 months. With low leverage the company has greater flexibility to fund exploration, pursue partnerships or restructure financing without immediate solvency pressure, supporting project advancement.
Negative Factors
No revenue / persistent losses
Zero reported revenue and recurring multi-year net losses reflect an unproven commercial model and mean the business remains reliant on external capital. Absent a clear path to revenue or a monetization event, the company faces ongoing execution risk and uncertainty over sustainable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / no debt
Essentially no debt materially reduces financial risk and preserves strategic optionality over the next 2–6 months. With low leverage the company has greater flexibility to fund exploration, pursue partnerships or restructure financing without immediate solvency pressure, supporting project advancement.
Read all positive factors
Rockland Resources (RKL) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$14.16M
Dividend YieldN/A
Average Volume (3M)140.61K
Price to Earnings (P/E)―
Beta (1Y)-0.02
Revenue GrowthN/A
EPS Growth42.16%
CountryCA
Employees2,373
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)N/A
Shares Outstanding62,912,724
10 Day Avg. Volume271,467
30 Day Avg. Volume140,609
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)1.13
Price to Sales (P/S)0.00
P/FCF Ratio-2.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 ...
How the Company Makes Money
Rockland Resources’ revenue model is not available in the provided context; therefore, specific revenue streams and partnerships are null. In general, companies at the exploration stage typically do not generate consistent operating revenue and in...
Rockland Resources Financial Statement Overview
Summary
Income Statement
10
Very Negative
Balance Sheet
52
Neutral
Cash Flow
22
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | -20.58K | -110.00 | 0.00 |
| EBITDA | -2.33M | -1.99M | 36.45K | 137.91K | -957.00K |
| Net Income | -2.33M | -1.99M | -679.00K | -2.01M | -957.00K |
Balance Sheet | |||||
| Total Assets | 2.01M | 2.99M | 4.56M | 3.21M | 2.76M |
| Cash, Cash Equivalents and Short-Term Investments | 23.12K | 159.25K | 874.78K | 396.67K | 1.44M |
| Total Debt | 0.00 | 12.00K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 191.77K | 329.58K | 183.62K | 159.31K | 283.38K |
| Stockholders Equity | 1.82M | 2.66M | 4.38M | 3.05M | 2.47M |
Cash Flow | |||||
| Free Cash Flow | -728.39K | -275.55K | -630.60K | -2.39M | -1.03M |
| Operating Cash Flow | -728.39K | -275.55K | -580.60K | -770.56K | -555.28K |
| Investing Cash Flow | -191.85K | -12.44K | -526.28K | -1.61M | -477.32K |
| Financing Cash Flow | 938.10K | 223.90K | 851.70K | 1.33M | 2.35M |
Rockland Resources Technical Analysis
Negative
0.15
Price Trends
0.24
Negative
0.17
Positive
0.13
Positive
Market Momentum
>-0.01
Positive
46.41
Neutral
27.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RKL, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.24, and above the 200-day MA of 0.13, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.41 is Neutral, neither overbought nor oversold. The STOCH value of 27.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:RKL.
Rockland Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | C$9.70M | -3.43 | -27.93% | ― | ― | 84.01% | |
47 Neutral | C$14.16M | -4.37 | -48.17% | ― | ― | 42.16% | |
46 Neutral | C$2.35M | -17.31 | ― | ― | ― | 90.71% | |
42 Neutral | C$4.57M | -131.58 | -92.46% | ― | ― | 94.03% | |
42 Neutral | C$1.70M | -16.35 | 89.38% | ― | ― | 89.47% | |
41 Neutral | C$2.16M | -4.07 | -4.76% | ― | ― | 84.01% |
* Basic Materials Sector Average
TSE:RKL
Rockland Resources
0.23
0.10
73.08%
TSE:CAMP
Canadian GoldCamps
0.19
-0.07
-26.00%
TSE:PLY
Playfair Mining
0.06
>-0.01
-8.33%
TSE:VRB
Vanadiumcorp Resource
0.11
0.00
0.00%
TSE:VRR
VR Resources
0.28
0.08
40.70%
TSE:CAT
CAT Strategic Metals Corporation
0.01
-0.01
-50.00%
Rockland Resources Corporate Events
Business Operations and StrategyExecutive/Board Changes
Rockland Resources Adds Seasoned Mining Governance Expert to Board
Positive
Mar 13, 2026
Rockland Resources has strengthened its governance bench by appointing veteran diplomat and ESG specialist Paula Caldwell St-Onge to its board of directors, while concurrently announcing the resignation of director Tracy Hughes. Caldwell St-Onge b...
Business Operations and StrategyExecutive/Board Changes
Rockland Resources Adds Veteran Red Lake Geologist as Technical Adviser
Positive
Mar 10, 2026
Rockland Resources has appointed veteran Red Lake geologist Tim Twomey as a technical adviser, adding more than 40 years of exploration, production and management experience to its technical team. Twomey, known for his key role in the discovery an...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
Rockland Adds Red Lake Veteran Ewan Downie, Launches $500,000 Financing for Cole Gold Mines
Positive
Feb 9, 2026
Rockland Resources has appointed veteran geologist and former Premier Gold Mines CEO Ewan Downie as a technical advisor, aiming to capitalize on his two decades of exploration and development success in the Red Lake Mining District. Management bel...
Business Operations and StrategyExecutive/Board Changes
Rockland Encounters Visible Gold in First Drill Holes at Cole Gold Mines Project
Positive
Feb 6, 2026
Rockland Resources has reported multiple occurrences of visible gold in the first two diamond drill holes of its ongoing 3,000-metre program at the 100%-owned Cole Gold Mines project in the Red Lake district of Ontario. The initial holes at the hi...
Business Operations and Strategy
Rockland Resources Grants 2 Million Stock Options to Management and Advisors
Positive
Jan 31, 2026
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 sha...
Business Operations and StrategyPrivate Placements and Financing
Rockland Resources Completes $1.2 Million Private Placement to Advance Cole Gold Mines Project
Positive
Jan 28, 2026
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 transferabl...
Business Operations and Strategy
Rockland Resources Begins 3,000-Metre Drill Program at Cole Gold Mines in Red Lake
Positive
Jan 26, 2026
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 experi...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
Rockland Resources Lines Up Driller and $1.2 Million Financing for Red Lake Gold Project
Positive
Jan 9, 2026
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...
Business Operations and Strategy
Rockland Resources Sharpens Gold Focus with Red Lake Drilling, Repositions Utah Beryllium Assets
Positive
Jan 8, 2026
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 hist...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.