Rockridge Resources, is a mineral exploration company based in Vancouver which was founded in 2015. Rockridge Resources mainly runs exploration and development for copper and gold. The Knife Lake Project and the Raney Gold Project are the two flagship projects of the company. The former one, from while Rockridge Resources mines minerals like copper, silver, zinc and cobalt is spread over 111k acres of land. While Raney Gold, from which Rockridge Resources explores gold minerals, is spread over 2800 hectares of land.
In this article, let’s read our experts’ opinion on Rockridge Resources (ROCK) Stock Price prediction and.
Rockridge Resources (ROCK) Stock Price Historical Pricing:
| Rockridge Resources (TSXV: ROCK) Historical Share Price | Target Price |
| Rockridge Resources (TSXV: ROCK) Historical Share Price in 2017 | 0.400 CAD |
| Rockridge Resources (TSXV: ROCK) Historical Share Price in 2018 | 0.270 CAD |
| Rockridge Resources (TSXV: ROCK) Historical Share Price in 2019 | 0.170 CAD |
| Rockridge Resources (TSXV: ROCK) Historical Share Price in 2020 | 0.115 CAD |
| Rockridge Resources (TSXV: ROCK) Historical Share Price in 2021 | 0.095 CAD |
| Rockridge Resources (TSXV: ROCK) Historical Share Price in 2022 | 0.040 CAD |
| Rockridge Resources (TSXV: ROCK) Historical Share Price in 2023 | 0.020 CAD |
Rockridge Resources (ROCK) Stock Historical Pricing in 2017
Rockridge Resources (ROCK) got listed on the Toronto Stock Venture Exchange in December 2017 at 0.300 CAD. The stock showed a 33.33% growth in that month and closed at 0.400 CAD for December 2017.
Rockridge Resources (ROCK) Stock Historical Pricing in 2018
In January 2018, Rockridge Resources (ROCK) started trading at 0.400 CAD. In the very first month, the stock price fell by 12.50%. In the next month, the price of TSXV: ROCK stayed flat, however due to a gap-down opening, it closed 14.29% down. Two months later in April 2018, after the stock hit 0.215 CAD, the price ceased to go further down.
In September 2018, the stock again made an all-time low at 0.205 CAD. From the next months on, the price of TSXV: ROCK began to go up again and it closed at 0.270 CAD in 2018.
Rockridge Resources (ROCK) Stock Historical Pricing in 2019
The opening price of Rockridge Resources (ROCK) for 2019 was 0.265 CAD. After facing the same resistance of 0.350 CAD in two consecutive months, the stock went 25% down in March. Two months later in May 2019, it made a high of 0.390 CAD, which later turned to be the yearly high.
However, from May 2019, the value of Rockridge Resources (ROCK) started going downhill. And in December 2019, the stock ended up at 0.170 CAD.
Rockridge Resources (ROCK) Stock Historical Pricing in 2020
Rockridge Resources (ROCK)’s stock made a record low in March 2020 when it hit 0.070 CAD. In the following months, the stock price recovered and recorded a yearly high at 0.225 CAD in August 2020. The closing price of the stock for 2020 was 0.115 CAD.
Suggested reading: California Nanotechnologies (CNO) Stock Price Prediction from 2024 to 2045 (Complete Information)
Rockridge Resources (ROCK) Stock Historical Pricing in 2021
The shares of Rockridge Resources moved higher till May 2021 caused by an uptrend which started in December 2020. From June to September 2021, the stock price went in a downtrend. And for the rest of the year, the stock price stayed in a sideways trend with the closing price recorded at 0.095 CAD.
Rockridge Resources (ROCK) Stock Historical Pricing in 2022
After staying in a consolidation phase till April 2022, the stock price of Rockridge Resources started going down from May 2022 led by a strong downtrend. The downtrend caused the price to crash about 50% from its opening price. At 0.040 CAD, Rockridge Resources ended up trading in 2022.
Rockridge Resources (ROCK) Stock Historical Pricing in 2023
The pattern on the chart for 2023 for the company was almost similar to its stock price in 2022. In this year too, the stock price off ROCK was first in a sideways momentum which after a few months turned into a downtrend. The last recorded price of Rockridge Resources’s stock in December 2023 was 0.020 CAD.
Rockridge Resources (ROCK) Stock Price Prediction from 2024 – 2045
| Rockridge Resources (ROCK) Stock Price Prediction | Prediction Price (CAD) |
| Rockridge Resources (ROCK) Stock Price Prediction for 2024 | 0.020 |
| Rockridge Resources (ROCK) Stock Price Prediction for 2025 | 0.022 |
| Rockridge Resources (ROCK) Stock Price Prediction for 2026 | 0.025 |
| Rockridge Resources (ROCK) Stock Price Prediction for 2027 | 0.026 |
| Rockridge Resources (ROCK) Stock Price Prediction for 2028 | 0.030 |
| Rockridge Resources (ROCK) Stock Price Prediction for 2029 | 0.031 |
| Rockridge Resources (ROCK) Stock Price Prediction for 2030 | 0.034 |
| Rockridge Resources (ROCK) Stock Price Prediction for 2035 | 0.055 |
| Rockridge Resources (ROCK) Stock Price Prediction for 2040 | 0.085 |
| Rockridge Resources (ROCK) Stock Price Prediction for 2045 | 0.135 |
Rockridge Resources (ROCK) Stock Price Prediction 2024
In this year, the stock price of Rockridge Resources (ROCK) has been confined between 0.020 CAD 0.010 CAD so far. The stock is expected to close at or around 0.020 CAD according to our experts.
In April 2024, the company managed to secure permit to perform exploration in the Knife Lake Copper project. As the copper price is rising and copper being one of the prominent elements for which the project is known for, the company should benefit from the permit to drill up to 70 holes inside the project area.
| Month | Share price in CAD |
| January | 0.015 |
| February | 0.010 |
| March | 0.015 |
| April | 0.015 |
| May | 0.020 |
| June | 0.020 |
| July | 0.015 |
| August | 0.010 |
| September | 0.010 |
| October | 0.010 |
| November | 0.015 |
| December | 0.020 |
Rockridge Resources (ROCK) Stock Price Prediction 2025
The average price of the stock of Rockridge Resources (ROCK) for 2025 will be CAD 0.021, with a high forecast of CAD 0.025, and a lower forecast of CAD 0.015.
| Month | Share price in CAD |
| January | 0.020 |
| February | 0.015 |
| March | 0.020 |
| April | 0.021 |
| May | 0.021 |
| June | 0.025 |
| July | 0.021 |
| August | 0.021 |
| September | 0.021 |
| October | 0.022 |
| November | 0.020 |
| December | 0.022 |
Rockridge Resources (ROCK) Stock Price Prediction 2026
The average price of the stock of Rockridge Resources (ROCK) for 2026 will be CAD 0.023, with a high forecast of CAD 0.025, and a lower forecast of CAD 0.015.
| Month | Share price in CAD |
| January | 0.022 |
| February | 0.020 |
| March | 0.022 |
| April | 0.025 |
| May | 0.023 |
| June | 0.015 |
| July | 0.023 |
| August | 0.023 |
| September | 0.023 |
| October | 0.020 |
| November | 0.024 |
| December | 0.025 |
Rockridge Resources (ROCK) Stock Price Prediction 2027
The average price of the stock of Rockridge Resources (ROCK) for 2027 will be CAD 0.025, with a high forecast of CAD 0.030, and a lower forecast of CAD 0.020.
| Month | Share price in CAD |
| January | 0.020 |
| February | 0.024 |
| March | 0.024 |
| April | 0.025 |
| May | 0.025 |
| June | 0.030 |
| July | 0.025 |
| August | 0.025 |
| September | 0.026 |
| October | 0.030 |
| November | 0.025 |
| December | 0.026 |
Rockridge Resources (ROCK) Stock Price Prediction 2028
The average price of the stock of Rockridge Resources (ROCK) for 2028 will be CAD 0.027, with a high forecast of CAD 0.035, and a lower forecast of CAD 0.020.
| Month | Share price in CAD |
| January | 0.025 |
| February | 0.027 |
| March | 0.027 |
| April | 0.020 |
| May | 0.027 |
| June | 0.025 |
| July | 0.028 |
| August | 0.025 |
| September | 0.028 |
| October | 0.028 |
| November | 0.035 |
| December | 0.030 |
Rockridge Resources (ROCK) Stock Price Prediction 2029
The average price of the stock of Rockridge Resources (ROCK) for 2029 will be CAD 0.030, with a high forecast of CAD 0.031, and a lower forecast of CAD 0.029.
| Month | Share price in CAD |
| January | 0.029 |
| February | 0.029 |
| March | 0.029 |
| April | 0.030 |
| May | 0.030 |
| June | 0.030 |
| July | 0.030 |
| August | 0.030 |
| September | 0.031 |
| October | 0.031 |
| November | 0.031 |
| December | 0.031 |
Rockridge Resources (ROCK) Stock Price Prediction 2030
The average price of the stock of Rockridge Resources (ROCK) for 2030 will be CAD 0.033, with a high forecast of CAD 0.035, and a lower forecast of CAD 0.030.
| Month | Share price in CAD |
| January | 0.032 |
| February | 0.032 |
| March | 0.032 |
| April | 0.030 |
| May | 0.033 |
| June | 0.033 |
| July | 0.033 |
| August | 0.033 |
| September | 0.034 |
| October | 0.034 |
| November | 0.035 |
| December | 0.034 |
Rockridge Resources (ROCK) Stock Price Prediction 2035
The average price of the stock of Rockridge Resources (ROCK) for 2035 will be CAD 0.052, with a high forecast of CAD 0.055, and a lower forecast of CAD 0.049.
| Month | Share price in CAD |
| January | 0.049 |
| February | 0.050 |
| March | 0.050 |
| April | 0.051 |
| May | 0.051 |
| June | 0.051 |
| July | 0.052 |
| August | 0.052 |
| September | 0.053 |
| October | 0.053 |
| November | 0.053 |
| December | 0.055 |
Rockridge Resources (ROCK) Stock Price Prediction 2040
The average price of the stock of Rockridge Resources (ROCK) for 2040 will be CAD 0.081, with a high forecast of CAD 0.085, and a lower forecast of CAD 0.078.
| Month | Share price in CAD |
| January | 0.078 |
| February | 0.078 |
| March | 0.079 |
| April | 0.079 |
| May | 0.080 |
| June | 0.081 |
| July | 0.081 |
| August | 0.082 |
| September | 0.082 |
| October | 0.083 |
| November | 0.084 |
| December | 0.085 |
Rockridge Resources (ROCK) Stock Price Prediction 2045
The average price of the stock of Rockridge Resources (ROCK) for 2045 will be CAD 0.125, with a high forecast of CAD 0.135, and a lower forecast of CAD 0.120.
| Month | Share price in CAD |
| January | 0.120 |
| February | 0.125 |
| March | 0.120 |
| April | 0.125 |
| May | 0.120 |
| June | 0.125 |
| July | 0.120 |
| August | 0.130 |
| September | 0.125 |
| October | 0.130 |
| November | 0.130 |
| December | 0.135 |
Rockridge Resources (ROCK) Stock Price – Technical Analysis:
Chart and trend analysis:
For the last few years, we find Rockridge Resources’s stock to mostly go in a down trend. However after hitting a record low of 0.010 CAD, the stock price is going back and forth between 0.020 and 0.010. Currently the trend of Rockridge Resources (ROCK) remains sideways (on a monthly time frame).
Support and resistance analysis:
For now, on a monthly time frame, 0.010 CAD0 remains the strong support for the stock, and it is very likely not to break this support level. Dance top has faced resistance multiple times at 0.020 CAD, which, for now remains the strong resistance level called the stock.
Rockridge Resources (ROCK) Stock Price – Fundamental Analysis:
Company financial overview:
Rockridge Resources (TSXV: ROCK) currently stands on a valuation of 1.25M CAD. The company has no debt on it and the free cash flow has shown an improvement in 2023 compared to all the previous years. However, it can’t be ignored that the company still remains in losses.
Company performance:
Rockridge Resources (ROCK) has not been able to generate any revenue even in the current year. Along with the free cash flow, there was also a bit of improvement in the net income of the company was 2023 (reported net income -728.38K CAD) compared to the previous year (reported net income -1.15M CAD).
Disclaimer
The stock predictions shared are purely speculative and not intended as financial advice. The author and blog hold no responsibility for any financial losses. Always consult with a financial advisor before making investment decisions.
Rockridge Resources (ROCK) Stock Price Prediction: FAQs
What will be the target price of Rockridge Resources (ROCK) for 2024?
For 2024, our experts have set a target price of 0.020 CAD for the shares of Rockridge Resources (ROCK).
Welcome to PredictTorontoStocks! I’m Hilda J. Condit, a seasoned finance professional with a passion for the stock market and a deep-rooted connection to the Toronto Stock Exchange (TSX). With a Bachelor’s degree in Finance and specialized training from CSI Global Education’s Canadian Securities Course (CSC), I bring years of experience and expertise to the world of investment.
Over the years, I have had the privilege of working closely with the TSX, gaining valuable insights and building strong relationships with a diverse range of clients across Canada. My career has been dedicated to providing tailored investment advice and helping individuals and institutions navigate the complexities of the stock market.
In launching PredictTorontoStocks, my goal is to share my knowledge and offer precise stock price predictions to empower investors in making informed decisions. Drawing on my extensive experience and analytical skills, I am committed to delivering accurate forecasts and valuable insights that can help you achieve your investment goals.
Thank you for joining me on this journey. I look forward to contributing to your success in the dynamic world of Toronto stocks.