ROK Resources (CVE:ROK) PT Lowered to C$0.75 at Cormark

ROK Resources (CVE:ROK) had its price objective dropped by investment analysts at Cormark from C$0.95 to C$0.75 in a research note issued to investors on Friday, BayStreet.CA reports. Cormark’s price target points to a potential upside of 141.94% from the company’s previous close.

ROK Resources Stock Performance

CVE ROK opened at C$0.31 on Friday. The firm has a market capitalization of C$67.71 million, a P/E ratio of -2.38 and a beta of 0.46. The business has a fifty day simple moving average of C$0.29 and a 200 day simple moving average of C$0.31. ROK Resources has a 12 month low of C$0.26 and a 12 month high of C$0.45.

About ROK Resources

ROK Resources Inc operates as independent oil and gas company in Canada. It primarily engages in production, exploration, and development of oil and natural gas in Southeast Saskatchewan. The company is headquartered in Regina, Canada.