WinstonWınston
Back
Rock Tech Lithium logo

Rock Tech Lithium

RCK.V
Industrial Materials · Basic Materials
Price
C$0.72
+0.02 (+2.86%)
Market Cap
C$86.4M
Exchange
Toronto Stock Exchange Ventures
Winston Score
Winston looking sleepy
No score yet — Winston is napping.
We couldn’t gather enough financial data to score this stock reliably.

Share count rising — dilution

+87.9% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 58.3M (2021) → 109.5M (2025)

Winston Score History

The full picture

Rock Tech Lithium is a Canadian company working to build a supply chain for lithium, a metal used in batteries for electric vehicles and electronics. Its main project is a lithium hydroxide converter plant planned for Guben, Germany, which would turn raw lithium ore into a purified form that battery makers can use. The company also holds the Georgia Lake lithium mining project in Ontario, Canada.

Rock Tech does not yet generate meaningful revenue — it is still in the development and permitting stage, so its margins are effectively zero and it is spending more money than it brings in. It is focused on Europe, where demand for locally sourced battery materials is growing due to regulations pushing automakers to use European supply chains. The key growth driver is securing offtake agreements and financing to actually build the Guben plant, while the main risks are construction costs, permitting delays, and the volatile price of lithium, which has fallen sharply in recent years.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

Revenue data limited

EPS Growth

+5.4% YoY

YoY Growth Rate

Slow EPS growth

R&D Spend

C$1M/ year

Declining (-73% vs prior year)

R&D spend declining — could signal cost-cutting or efficiency

Insider Activity

7.5%ownership

Insiders own a meaningful stake in the company

Cash Runway

~8 months

C$6M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Short runway — potential dilution ahead through share issuance

Cash watch

Rock Tech Lithium has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
N/A
Data not available
Profit after running costs
Operating Margin
N/A
Data not available
Return on the money invested
ROCE
-34.5%
Weak — -34.5% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
N/A
Data not available
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
8/8 quarters
Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
N/A
Data not available
Covers its interest
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial