ROK Resources (CVE:ROK) Reaches New 12-Month Low at $0.19

ROK Resources Inc. (CVE:ROK) shares reached a new 52-week low on Tuesday . The stock traded as low as C$0.19 and last traded at C$0.19, with a volume of 331200 shares changing hands. The stock had previously closed at C$0.21.

Analysts Set New Price Targets

ROK has been the topic of a number of analyst reports. Ventum Financial cut their price objective on shares of ROK Resources from C$0.55 to C$0.45 in a report on Thursday, August 22nd. Ventum Cap Mkts raised ROK Resources to a “strong-buy” rating in a report on Thursday, August 8th. Finally, Cormark reduced their target price on ROK Resources from C$0.75 to C$0.50 in a report on Thursday, June 20th.

ROK Resources Price Performance

The business has a 50-day moving average of C$0.22 and a 200 day moving average of C$0.26. The company has a market cap of C$41.50 million, a PE ratio of -2.38 and a beta of 0.47.

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.