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Trident Resources Corp
(ROCK)
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Rating:53Neutral
Price Target:
C$4.50
▲(10.29% Upside)
Action:Reiterated
Date:09/06/26
The score is held back primarily by weak financial performance (minimal revenue, ongoing operating losses, and persistent cash burn) and a high valuation (P/E ~50.8 with no dividend support). These risks are partially offset by strong technical momentum, with the stock trading above key moving averages and positive MACD/RSI readings.
Positive Factors
Low Leverage
Very low leverage gives Trident Resources greater financial flexibility than a highly indebted company and limits interest-related pressure on future results. This provides more capacity to fund operations or pursue opportunities, although it does not offset the company’s current operating losses.
Negative Factors
Minimal Revenue Base
A minimal or nonexistent revenue base limits evidence of product adoption, market traction, and a scalable commercial model. Without sustained sales growth, Trident Resources has little operating foundation from which to generate recurring margins, fund investment, or establish durable earnings power.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Very low leverage gives Trident Resources greater financial flexibility than a highly indebted company and limits interest-related pressure on future results. This provides more capacity to fund operations or pursue opportunities, although it does not offset the company’s current operating losses.
Read all positive factors
Trident Resources Corp (ROCK) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$183.48M
Dividend YieldN/A
Average Volume (3M)48.22K
Price to Earnings (P/E)50.8
Beta (1Y)1.80
Revenue GrowthN/A
EPS Growth24.64%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.09
Shares Outstanding41,047,375
10 Day Avg. Volume63,622
30 Day Avg. Volume48,217
Financial Highlights & Ratios
PEG Ratio-0.20
Price to Book (P/B)0.81
Price to Sales (P/S)0.00
P/FCF Ratio-6.03
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$7.48Price Target Upside83.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Trident Resources Corp Business Overview & Revenue Model
Company Description
Rockridge Resources Ltd. is a Canadian mineral exploration enterprise, focused on the acquisition, discovery, and advancement of mineral properties. Its exploration efforts are directed towards deposits containing valuable metals such as copper, s...
Trident Resources Corp Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
72
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 75.00 | 0.00 | 0.00 |
| Gross Profit | -1.88K | -15.74K | -16.45K | -23.93K | 0.00 | 0.00 |
| EBITDA | -3.92M | -270.32K | 1.59M | -728.38K | -1.20M | -1.80M |
| Net Income | 2.31M | 1.51M | 1.48M | -5.09M | -1.15M | -1.72M |
Balance Sheet | ||||||
| Total Assets | 51.12M | 27.31M | 6.25M | 6.95M | 6.70M | 5.41M |
| Cash, Cash Equivalents and Short-Term Investments | 17.86M | 4.85M | 171.04K | 650.18K | 1.02M | 590.97K |
| Total Debt | 1.77M | 150.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 8.14M | 3.66M | 25.94K | 209.94K | 66.50K | 16.67K |
| Stockholders Equity | 42.99M | 23.65M | 6.22M | 6.74M | 6.64M | 5.39M |
Cash Flow | ||||||
| Free Cash Flow | -3.88M | -3.19M | -325.84K | -786.15K | -1.84M | -3.50M |
| Operating Cash Flow | -3.68M | -3.19M | -325.84K | -786.15K | -1.21M | -1.56M |
| Investing Cash Flow | -4.06M | 4.42M | -153.29K | -559.93K | -632.85K | -1.94M |
| Financing Cash Flow | 20.75M | 3.34M | 0.00 | 973.94K | 2.27M | 2.56M |
Trident Resources Corp Technical Analysis
Positive
4.08
Price Trends
3.76
Positive
3.77
Positive
3.15
Positive
Market Momentum
0.20
Negative
67.58
Neutral
76.80
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ROCK, the sentiment is Positive. The current price of 4.08 is above the 20-day moving average (MA) of 4.01, above the 50-day MA of 3.76, and above the 200-day MA of 3.15, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 67.58 is Neutral, neither overbought nor oversold. The STOCH value of 76.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ROCK.
Trident Resources Corp Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | C$183.48M | 50.80 | 6.62% | ― | ― | 24.64% | |
51 Neutral | C$77.13M | -43.94 | -5.82% | ― | ― | 5.63% | |
45 Neutral | C$104.40M | -6.36 | -130.85% | ― | ― | 35.95% | |
45 Neutral | C$131.00M | -37.96 | -4.51% | ― | ― | -285.71% | |
43 Neutral | C$53.60M | -7.94 | -32.64% | ― | ― | 9.03% |
* General Sector Average
TSE:ROCK
Trident Resources Corp
4.47
3.45
338.24%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.