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Altamira Gold Corp
(ALTA)
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Rating:46Neutral
Price Target:
C$0.22
▼(-21.07% Downside)
Action:Reiterated
Date:06/29/26
The score is primarily held back by weak financial performance (no revenue, ongoing losses, and sustained negative operating/free cash flow), only partially offset by a low-leverage balance sheet with growing equity. Technicals are mixed but lean bearish given the stock trades below key longer-term moving averages and MACD is negative. Valuation support is limited because earnings are negative and there is no dividend yield.
Positive Factors
Low leverage and growing equity
Zero reported debt and a meaningful rise in equity create a durable solvency buffer. This structural strength reduces refinancing and default risk, giving management flexibility to fund exploration, pursue JV or sale opportunities, and sustain operations while the company remains pre-revenue.
Negative Factors
No revenue or production
The absence of revenue and persistent negative gross profit mean the company cannot self-fund operations from sales. Long-term value depends entirely on exploration success and third-party monetization; until then, operational continuity requires external capital or asset transactions.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and growing equity
Zero reported debt and a meaningful rise in equity create a durable solvency buffer. This structural strength reduces refinancing and default risk, giving management flexibility to fund exploration, pursue JV or sale opportunities, and sustain operations while the company remains pre-revenue.
Read all positive factors
Altamira Gold Corp (ALTA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$60.78M
Dividend YieldN/A
Average Volume (3M)242.63K
Price to Earnings (P/E)―
Beta (1Y)1.66
Revenue GrowthN/A
EPS Growth5.48%
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 Ratio11.83
Price to Book (P/B)1.81
Price to Sales (P/S)0.00
P/FCF Ratio-37.82
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. operates in Brazil, focusing on the acquisition, exploration, development, and eventual mining of various mineral properties. Its core activity involves identifying and unearthing gold deposits. The company possesses significan...
How the Company Makes Money
Altamira Gold Corp does not have publicly available information indicating recurring operating revenue from the sale of gold or other products; null. As a pre-production exploration company, its typical pathway to generating value (and potential f...
Altamira Gold Corp Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
68
Positive
Cash Flow
22
Negative
| Breakdown | Feb 2026 | May 2025 | May 2024 | May 2023 | May 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -56.92K | -56.81K | -11.33K | -10.20K | -9.44K |
| EBITDA | -1.83M | -1.48M | -1.62M | -1.75M | -1.51M |
| Net Income | -1.80M | -1.54M | -1.63M | -1.78M | -1.58M |
Balance Sheet | |||||
| Total Assets | 33.31M | 21.65M | 24.96M | 19.52M | 19.81M |
| Cash, Cash Equivalents and Short-Term Investments | 7.52M | 753.62K | 4.69M | 1.58M | 5.50M |
| Total Debt | 0.00 | 0.00 | 39.48K | 111.88K | 168.34K |
| Total Liabilities | 572.08K | 193.48K | 712.32K | 726.68K | 457.38K |
| Stockholders Equity | 32.73M | 21.46M | 24.24M | 18.80M | 19.35M |
Cash Flow | |||||
| Free Cash Flow | -1.57M | -3.91M | -1.42M | -1.19M | -1.27M |
| Operating Cash Flow | -1.40M | -1.00M | -1.07M | -987.46K | -913.31K |
| Investing Cash Flow | -3.28M | -2.91M | -1.70M | -3.01M | -2.36M |
| Financing Cash Flow | 11.52M | 0.00 | 5.93M | 105.11K | 4.79M |
Altamira Gold Corp Technical Analysis
Positive
0.28
Price Trends
0.19
Positive
0.19
Positive
0.22
Negative
Market Momentum
<0.01
Negative
55.58
Neutral
75.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ALTA, the sentiment is Positive. 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 0.22, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.58 is Neutral, neither overbought nor oversold. The STOCH value of 75.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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% | |
47 Neutral | C$146.69M | -135.14 | -8.68% | ― | ― | 77.38% | |
46 Neutral | C$60.78M | -29.71 | -6.52% | ― | ― | 5.48% | |
46 Neutral | C$140.52M | -14.91 | -15.01% | ― | ― | -59.91% | |
46 Neutral | C$97.58M | -25.92 | -11.82% | ― | ― | 32.80% | |
43 Neutral | C$114.21M | -30.56 | -4.51% | ― | ― | -285.71% |
* Basic Materials Sector Average
TSE:ALTA
Altamira Gold Corp
0.20
0.09
81.82%
TSE:BRAU
Big Ridge Gold
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TSE:GGO
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TSE:SOI
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TSE:ARIC
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28.12%
Altamira Gold Corp Corporate Events
Business Operations and StrategyExecutive/Board Changes
Altamira Gold Adds Renowned Macro Investor Tavi Costa to Board
Positive
Apr 7, 2026
Altamira Gold Corp. has strengthened its board of directors with the appointment of prominent macro investor and mining entrepreneur Tavi Costa, founder and CEO of Azuria Capital and a key figure in the global precious metals sector. Costa brings ...
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.