Trident Resources Corp (TSE:ROCK)
:ROCK
Want to see TSE:ROCK full AI Analyst Report?
Top Page
Trident Resources Corp
(ROCK)
Select Model
Select Model
Rating:52Neutral
Price Target:
C$4.00
▲(42.86% Upside)
Action:Reiterated
Date:06/01/26
The score is held back primarily by weak fundamentals—minimal revenue, ongoing operating losses, and persistently negative operating/free cash flow—despite a strong low-leverage balance sheet. Technicals are moderately positive (above key longer-term moving averages with positive MACD), but valuation looks demanding (P/E ~30) relative to the business’s current operating and cash-flow profile.
Positive Factors
Low leverage / strong balance sheet
Very low leverage provides durable financial flexibility: the company can fund exploration, pay obligations, or pursue strategic opportunities without immediate refinancing risk. This structural strength reduces insolvency risk and supports multi-quarter operational resilience.
Negative Factors
Minimal revenue base
A near-zero revenue base undermines durable profitability: without consistent top-line sales, margins and EBITDA are unlikely to stabilize. Long-term value depends on establishing recurring revenue streams or materially scaling commercial activity, which remains unproven.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Very low leverage provides durable financial flexibility: the company can fund exploration, pay obligations, or pursue strategic opportunities without immediate refinancing risk. This structural strength reduces insolvency risk and supports multi-quarter operational resilience.
Read all positive factors
Trident Resources Corp (ROCK) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$160.63M
Dividend YieldN/A
Average Volume (3M)80.53K
Price to Earnings (P/E)18.5
Beta (1Y)1.77
Revenue GrowthN/A
EPS Growth91.16%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryOil & Gas Integrated
Share Statistics
EPS (TTM)0.24
Shares Outstanding39,759,872
10 Day Avg. Volume79,210
30 Day Avg. Volume80,525
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)0.81
Price to Sales (P/S)0.00
P/FCF Ratio-6.03
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
Trident Resources Corp Business Overview & Revenue Model
Company Description
Rockridge Resources Ltd., a mineral exploration company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company explores for copper, silver, zinc, gold, and cobalt deposits. Its flagship proj...
Trident Resources Corp Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
72
Positive
Cash Flow
22
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 75.00 | 0.00 | 0.00 |
| Gross Profit | -15.74K | -16.45K | -23.93K | 0.00 | 0.00 |
| EBITDA | -270.32K | 1.59M | -728.38K | -1.20M | -1.80M |
| Net Income | 1.51M | 1.48M | -5.09M | -1.15M | -1.72M |
Balance Sheet | |||||
| Total Assets | 27.31M | 6.25M | 6.95M | 6.70M | 5.41M |
| Cash, Cash Equivalents and Short-Term Investments | 4.85M | 171.04K | 650.18K | 1.02M | 590.97K |
| Total Debt | 150.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 3.66M | 25.94K | 209.94K | 66.50K | 16.67K |
| Stockholders Equity | 23.65M | 6.22M | 6.74M | 6.64M | 5.39M |
Cash Flow | |||||
| Free Cash Flow | -3.19M | -325.84K | -786.15K | -1.84M | -3.50M |
| Operating Cash Flow | -3.19M | -325.84K | -786.15K | -1.21M | -1.56M |
| Investing Cash Flow | 4.42M | -153.29K | -559.93K | -632.85K | -1.94M |
| Financing Cash Flow | 3.34M | 0.00 | 973.94K | 2.27M | 2.56M |
Trident Resources Corp Technical Analysis
Positive
2.80
Price Trends
3.32
Positive
3.10
Positive
2.21
Positive
Market Momentum
0.19
Positive
53.76
Neutral
17.92
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ROCK, the sentiment is Positive. The current price of 2.8 is below the 20-day moving average (MA) of 4.13, below the 50-day MA of 3.32, and above the 200-day MA of 2.21, indicating a neutral trend. The MACD of 0.19 indicates Positive momentum. The RSI at 53.76 is Neutral, neither overbought nor oversold. The STOCH value of 17.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ROCK.
Trident Resources Corp Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$160.63M | 18.55 | 18.59% | ― | ― | 91.16% | |
46 Neutral | C$62.83M | -12.60 | -26.36% | ― | ― | 9.03% | |
44 Neutral | C$62.26M | -34.72 | -6.52% | ― | ― | 32.00% | |
43 Neutral | C$134.26M | -40.77 | -4.51% | ― | ― | -285.71% |
* General Sector Average
TSE:ROCK
Trident Resources Corp
4.04
3.40
531.25%
TSE:CTM
Canterra Minerals
0.16
0.07
77.78%
TSE:ALTA
Altamira Gold Corp
0.21
0.11
110.00%
TSE:AGC
Valorem Resources
0.61
0.57
1425.00%
TSE:SOI
Sirios Resources
0.20
0.14
233.33%
TSE:LG
Lahontan Gold Corp.
0.40
0.32
370.59%
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.