Q3 2024 EPS Estimates for ROK Resources Inc. (CVE:ROK) Increased by Ventum Cap Mkts

ROK Resources Inc. (CVE:ROK) – Equities research analysts at Ventum Cap Mkts raised their Q3 2024 earnings per share estimates for shares of ROK Resources in a research report issued on Monday, September 23rd. Ventum Cap Mkts analyst A. Gill now anticipates that the company will earn $0.03 per share for the quarter, up from their previous estimate of $0.01. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock. The consensus estimate for ROK Resources’ current full-year earnings is $0.04 per share. Ventum Cap Mkts also issued estimates for ROK Resources’ Q4 2024 earnings at $0.00 EPS, FY2024 earnings at $0.00 EPS, Q2 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.00 EPS and FY2025 earnings at ($0.01) EPS.

Other analysts have also recently issued research reports about the stock. Cormark cut their price objective on shares of ROK Resources from C$0.75 to C$0.50 in a report on Thursday, June 20th. Ventum Financial cut their price target on shares of ROK Resources from C$0.55 to C$0.45 in a research note on Thursday, August 22nd.

ROK Resources Stock Down 2.5 %

ROK stock opened at C$0.20 on Thursday. The business has a 50 day moving average price of C$0.21 and a 200 day moving average price of C$0.25. The stock has a market cap of C$42.59 million, a price-to-earnings ratio of -2.44 and a beta of 0.45. ROK Resources has a fifty-two week low of C$0.17 and a fifty-two week high of C$0.45.

ROK Resources Company Profile

ROK Resources Inc operates as independent oil and gas company in Canada. The company primarily engages in production, exploration, and development of oil and natural gas in Southeast Saskatchewan. ROK Resources Inc is headquartered in Regina, Canada.