Altamira Gold Corp (TSE:ALTA)
:ALTA
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Altamira Gold Corp
(ALTA)
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Rating:44Neutral
Price Target:
C$0.14
▼(-49.64% Downside)
Action:ReiteratedDate:03/17/26
The score is primarily held back by weak financial performance (pre-revenue losses and material free-cash-flow burn) and bearish technicals (below major moving averages with negative MACD). A debt-free balance sheet provides some stability, but valuation support is limited given negative earnings and no dividend data.
Positive Factors
Debt-free balance sheet
Zero reported debt and a sizable equity base materially reduce financing risk for an exploration company. This structural strength lowers default risk, improves access to non-debt financing or joint-ventures, and gives management flexibility to fund multi-year drilling and technical work without immediate leverage.
Negative Factors
Pre-revenue persistent losses
Consistent pre-revenue operating losses show the company has not reached value-generating stages. Persistent negative earnings limit internal funding capacity and demonstrate the business remains dependent on external capital to progress projects, creating execution and dilution risk over multiple quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt and a sizable equity base materially reduce financing risk for an exploration company. This structural strength lowers default risk, improves access to non-debt financing or joint-ventures, and gives management flexibility to fund multi-year drilling and technical work without immediate leverage.
Read all positive factors
Altamira Gold Corp (ALTA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$50.40M
Dividend YieldN/A
Average Volume (3M)242.63K
Price to Earnings (P/E)―
Beta (1Y)1.66
Revenue GrowthN/A
EPS Growth32.00%
CountryCA
Employees18
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding296,491,400
10 Day Avg. Volume140,481
30 Day Avg. Volume242,625
Financial Highlights & Ratios
PEG Ratio1.03
Price to Book (P/B)1.14
Price to Sales (P/S)0.00
P/FCF Ratio-19.54
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Altamira Gold Corp Business Overview & Revenue Model
Company Description
Altamira Gold Corp. engages in the acquisition, exploration, development, and mining of mineral properties in Brazil. Its primarily explores for gold deposits. It primarily holds interest in the Cajueiro project, covering an area of 24,076 hectare...
How the Company Makes Money
null...
Altamira Gold Corp Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | TTM | May 2024 | May 2022 | May 2020 | Feb 2019 | Feb 2017 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -59.83K | -56.81K | -9.44K | -25.69K | -26.66K | -18.54K |
| EBITDA | -1.60M | -1.48M | -1.51M | -1.06M | -1.18M | -1.99M |
| Net Income | -1.66M | -1.54M | -1.58M | -1.11M | -1.13M | -1.99M |
Balance Sheet | ||||||
| Total Assets | 33.43M | 21.65M | 19.81M | 12.73M | 11.77M | 14.68M |
| Cash, Cash Equivalents and Short-Term Investments | 9.14M | 753.62K | 5.50M | 767.40K | 123.74K | 2.18M |
| Total Debt | 0.00 | 0.00 | 168.34K | 124.81K | 88.47K | 54.92K |
| Total Liabilities | 563.40K | 193.48K | 457.38K | 577.99K | 323.55K | 773.47K |
| Stockholders Equity | 32.86M | 21.46M | 19.35M | 12.15M | 11.44M | 13.90M |
Cash Flow | ||||||
| Free Cash Flow | -4.06M | -3.91M | -1.27M | -753.12K | -955.28K | -1.34M |
| Operating Cash Flow | -1.23M | -1.00M | -913.31K | -752.82K | -931.54K | -1.27M |
| Investing Cash Flow | -2.55M | -2.91M | -2.36M | -927.26K | -892.68K | -1.90M |
| Financing Cash Flow | 11.54M | 0.00 | 4.79M | 2.32M | 885.21K | 4.95M |
Altamira Gold Corp Technical Analysis
Negative
0.28
Price Trends
0.19
Negative
0.22
Negative
0.21
Negative
Market Momentum
<0.01
Negative
47.72
Neutral
35.59
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ALTA, the sentiment is Negative. The current price of 0.28 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.19, and above the 200-day MA of 0.21, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 47.72 is Neutral, neither overbought nor oversold. The STOCH value of 35.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ALTA.
Altamira Gold Corp Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | C$92.77M | -15.92 | -13.22% | ― | ― | 33.77% | |
53 Neutral | C$133.27M | -30.79 | -3.56% | ― | ― | -125.00% | |
47 Neutral | C$144.63M | -17.00 | -35.87% | ― | ― | 35.09% | |
44 Neutral | C$50.40M | -31.32 | -6.52% | ― | ― | 32.00% | |
43 Neutral | C$134.92M | -23.50 | -10.29% | ― | ― | 28.31% |
* Basic Materials Sector Average
TSE:ALTA
Altamira Gold Corp
0.16
0.05
48.15%
TSE:BRAU
Big Ridge Gold
0.47
0.39
526.67%
TSE:AGC
Valorem Resources
0.75
0.72
2400.00%
TSE:GGO
Galleon Gold
0.95
0.71
287.76%
TSE:SOI
Sirios Resources
0.20
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300.00%
TSE:ARIC
Awale Resources Limited
0.84
0.36
75.00%
Altamira Gold Corp Corporate Events
Business Operations and Strategy
Altamira Gold Hits High-Grade at New Guillermo Target and Extends Maria Bonita Deposit in Brazil
Positive
Mar 18, 2026
Altamira Gold reported that its first diamond drill hole at the Guillermo target in Brazil’s Cajueiro district intersected a high-grade zone of 7 metres grading 4.2 grams per tonne of gold, including 0.9 metres at 18.1 grams per tonne, corre...
Business Operations and Strategy
Altamira Gold Extends High-Grade Mineralization at Cajueiro and Starts Drilling New Porphyry Targets in Brazil
Positive
Jan 28, 2026
Altamira Gold has reported new assay results from resource-extension drilling at its Cajueiro Central project in Brazil, including one hole outside the current resource that confirmed gold mineralization beyond existing boundaries and another with...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.