ROK Resources (CVE:ROK) Trading Down 2.6% – Should You Sell?

ROK Resources Inc. (CVE:ROKGet Free Report) shares were down 2.6% during trading on Thursday . The company traded as low as C$0.19 and last traded at C$0.19. Approximately 176,100 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 170,225 shares. The stock had previously closed at C$0.20.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Cormark reduced 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 dropped their price target on shares of ROK Resources from C$0.55 to C$0.45 in a research report on Thursday, August 22nd. Finally, Ventum Cap Mkts upgraded shares of ROK Resources to a “strong-buy” rating in a report on Thursday, August 8th.

Check Out Our Latest Research Report on ROK

ROK Resources Trading Down 2.6 %

The firm has a market cap of C$41.50 million, a PE ratio of -2.38 and a beta of 0.44. The firm has a 50 day moving average price of C$0.20 and a 200-day moving average price of C$0.25.

ROK Resources Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for ROK Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ROK Resources and related companies with MarketBeat.com's FREE daily email newsletter.