ROK Resources (CVE:ROK) Sets New 12-Month Low at $0.17

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

Analyst Upgrades and Downgrades

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

ROK Resources Trading Up 5.1 %

The company has a market cap of C$44.78 million, a P/E ratio of -2.56 and a beta of 0.45. The company’s fifty day moving average is C$0.22 and its 200 day moving average is C$0.26.

About ROK Resources

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.