ROK Resources (CVE:ROK) Trading Down 3.1%

ROK Resources Inc. (CVE:ROK) shares were down 3.1% during trading on Wednesday . The company traded as low as C$0.32 and last traded at C$0.32. Approximately 111,358 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 185,382 shares. The stock had previously closed at C$0.33.

Analysts Set New Price Targets

Separately, Cormark lowered their target price on ROK Resources from C$0.95 to C$0.75 in a research note on Friday.

ROK Resources Price Performance

The stock has a market cap of C$67.71 million, a price-to-earnings ratio of -2.38 and a beta of 0.46. The firm has a fifty day moving average of C$0.29 and a 200 day moving average of C$0.32.

ROK Resources Company Profile

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.