Rockland Resources (TSE:RKL)
:RKL
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Rockland Resources
(RKL)
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Select Model
Rating:51Neutral
Price Target:
C$0.29
▲(94.00% Upside)
Action:ReiteratedDate:04/12/26
The score is primarily held back by weak financial performance (no revenue, recurring losses, and negative free cash flow), partially offset by a low-debt balance sheet. Technicals are relatively supportive with price above major moving averages, but valuation support is limited due to negative earnings and no dividend yield.
Positive Factors
Low financial leverage / minimal debt
Near-zero debt materially reduces default and interest burden, preserving financial flexibility to fund cyclical exploration or pursue JV/royalty deals. For an early-stage miner, low leverage lengthens runway between financings and lowers capital structure risk over the medium term.
Negative Factors
Pre-revenue profile with recurring losses
A sustained pre-revenue profile means the company lacks internally generated cash to support operations or scale. Over months this enforces dependence on external financing, heightening dilution and execution risk if capital markets tighten or exploration results lag expectations.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage / minimal debt
Near-zero debt materially reduces default and interest burden, preserving financial flexibility to fund cyclical exploration or pursue JV/royalty deals. For an early-stage miner, low leverage lengthens runway between financings and lowers capital structure risk over the medium term.
Read all positive factors
Rockland Resources (RKL) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$18.24M
Dividend YieldN/A
Average Volume (3M)140.61K
Price to Earnings (P/E)―
Beta (1Y)0.18
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
Positive
0.15
Price Trends
0.25
Positive
0.18
Positive
0.13
Positive
Market Momentum
>-0.01
Negative
57.87
Neutral
64.91
Neutral
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 below the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.25, and above the 200-day MA of 0.13, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 57.87 is Neutral, neither overbought nor oversold. The STOCH value of 64.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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$10.04M | -3.43 | -27.93% | ― | ― | 84.01% | |
51 Neutral | C$18.24M | -4.37 | -48.17% | ― | ― | 42.16% | |
46 Neutral | C$2.41M | -17.31 | ― | ― | ― | 90.71% | |
42 Neutral | C$3.98M | -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
0.29
0.18
163.64%
TSE:CAMP
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0.19
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-24.00%
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0.05
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-25.00%
TSE:VRB
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0.11
>-0.01
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TSE:VRR
VR Resources
0.29
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16.00%
TSE:CAT
CAT Strategic Metals Corporation
0.01
-0.01
-50.00%
Rockland Resources Corporate Events
Business Operations and Strategy
Rockland Expands Cole Gold Drilling and Uncovers Larger Gold System in Red Lake
Positive
Apr 10, 2026
Rockland Resources has completed an expanded 5,300-metre, 19-hole diamond drill program at its Cole Gold Mines Project in Red Lake, Ontario, marking the most extensive modern exploration on the property. The campaign, enlarged from an initial 3,00...
Business Operations and Strategy
Rockland Extends Cole Gold System With Expanded Red Lake Drill Program
Positive
Apr 9, 2026
Rockland Resources has completed an expanded 5,300-metre, 19-hole diamond drill program at its Cole Gold Mines Project in Red Lake, Ontario, marking the most extensive modern exploration work on the property. The campaign, enlarged from an initial...
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...
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.