Rock Tech Lithium (RCK) Stock Price, News & Analysis

Company Overview

Rock Tech Lithium Inc. engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc. and changed its name to Rock Tech Lithium Inc. in April 2010. Rock Tech Lithium Inc. was incorporated in 2010 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$1.04 to C$1.08
• 50-Day Range: C$1.07 to C$1.32
• 52-Week Range: C$0.95 to C$2.00
• Volume: 9,400 shs
• Average Volume: 39,035 shs
• Market Capitalization: C$111.39 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$2.90
• Consensus Rating: Buy

Rock Tech Lithium Stock Analysis - MarketRank™

Rock Tech Lithium scored higher than 22% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Rock Tech Lithium has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Rock Tech Lithium has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Rock Tech Lithium is -2.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rock Tech Lithium is -2.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Rock Tech Lithium has a P/B Ratio of 3.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for RCK.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Rock Tech Lithium does not currently pay a dividend.

Dividend Growth

Rock Tech Lithium does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for RCK.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: N/A

News Sentiment

Rock Tech Lithium has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Basic Materials companies.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Rock Tech Lithium insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.24% of the stock of Rock Tech Lithium is held by insiders.

Percentage Held by Institutions

Only 0.67% of the stock of Rock Tech Lithium is held by institutions.

RCK Stock Analysis - Frequently Asked Questions

How have RCK shares performed this year?

Rock Tech Lithium's stock was trading at C$1.35 at the beginning of the year. Since then, RCK stock has decreased by 20.7% and is now trading at C$1.07.
View the best growth stocks for 2024 here.

How do I buy shares of Rock Tech Lithium?

Shares of RCK stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Rock Tech Lithium own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rock Tech Lithium investors own include Cardio Diagnostics (CDIO), International Lithium (ILC), Lithium X Energy (LIX), NuCana (NCNA), NVIDIA (NVDA), Uranium Energy (UEC) and Avalon Advanced Materials (AVL).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Apparel
• Current Symbol: CVE:RCK
• CUSIP: N/A
• CIK: N/A
• Web: rocktechlithium.com
• Phone: +1-778-3585200
• Fax: N/A
• Employees: 2,820
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$2.90
• High Stock Price Target: C$2.90
• Low Stock Price Target: C$2.90
• Potential Upside/Downside: +171.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.38)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-20,160,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -51.23%
• Return on Assets: -28.63%

Debt

• Debt-to-Equity Ratio: 1.87
• Current Ratio: 2.00
• Quick Ratio: 4.68

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.18 per share
• Price / Cash Flow: 5.85
• Book Value: C$0.34 per share
• Price / Book: 3.15

Miscellaneous

• Outstanding Shares: 104,100,000
• Free Float: N/A
• Market Cap: C$111.39 million
• Optionable: Not Optionable
• Beta: 1.51