ROK Resources (CVE:ROK) Sets New 1-Year Low at $0.17

ROK Resources Inc. (CVE:ROK) shares hit a new 52-week low during trading on Thursday . The company traded as low as C$0.17 and last traded at C$0.19, with a volume of 661700 shares traded. The stock had previously closed at C$0.18.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on ROK shares. Cormark cut their price target on ROK Resources from C$0.75 to C$0.50 in a research note on Thursday, June 20th. Ventum Financial reduced their price target on ROK Resources from C$0.55 to C$0.45 in a report on Thursday, August 22nd. Finally, Ventum Cap Mkts raised ROK Resources to a “strong-buy” rating in a research report on Thursday, August 8th.

ROK Resources Stock Up 11.4 %

The stock has a market cap of C$42.59 million, a PE ratio of -2.19 and a beta of 0.45. The stock’s fifty day moving average price is C$0.22 and its 200 day moving average price is C$0.26.

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.