Softrock Minerals Ltd. engages in the exploration and development of oil and gas in Canada. It also explores for lithium, nickel, and cobalt deposits. The company holds a 3% gross overriding royalty (GORR) interest on three wells located in the Grand Forks area of Southern Alberta; and 2.5% GORR located in the Charlie Lake field in the Spirit River area of Northern Alberta. It also owns interests in seven industrial mineral permits for the exploration and development of potash and lithium covering 42,019 hectares situated in Alberta, as well as holds 100% interest in four permits covering an area of 15,103 hectares. The company was incorporated in 1993 and is headquartered in Calgary, Canada.
Research context
Softrock Minerals Ltd appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Energy
- Industry
- Oil & Gas Related Equipment and Services
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5 years, 7 months ago
Softrock Minerals Ltd is currently in a long term downtrend where the price is trading 8.3% below its 200 day moving average.
From a valuation standpoint, the stock is 98.0% cheaper than other stocks from the Energy sector with a price to sales ratio of 9.8.
Softrock Minerals Ltd's total revenue rose by 214.7% to $78K since the same quarter in the previous year.
Its net income has increased by 1518.2% to $57K since the same quarter in the previous year.
Finally, its free cash flow grew by 54.9% to $-3K since the same quarter in the previous year.
Based on the above factors, Softrock Minerals Ltd gets an overall score of 4/5.