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Total Helium Ltd
(ALTU)
Total Helium Ltd (ALTU) vs. iShares MSCI Canada ETF (EWC)
Total Helium Ltd Business Overview & Revenue Model
Total Helium Ltd Financial Statement Overview
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Total Helium Ltd Technical Analysis
Total Helium Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.47B | 7.30 | 2.96% | 5.25% | 4.27% | -62.52% | |
51 Neutral | C$3.35M | ― | -59.72% | ― | 6.92% | -1094.44% | |
41 Neutral | C$2.59M | ― | -152.21% | ― | 172.92% | -92.61% | |
39 Underperform | C$3.19M | 2.75 | 123.57% | ― | ― | ― | |
27 Underperform | C$8.21M | ― | -307.82% | ― | -45.75% | -148.28% | |
24 Underperform | C$1.27M | ― | 94.60% | ― | -76.55% | 58.66% | |
23 Underperform | C$810.76K | ― | 56.97% | ― | ― | -20.88% |
Total Helium Ltd Corporate Events
Total Helium Ltd. announced the delisting of 25 million common share purchase warrants from the TSX Venture Exchange to facilitate an amendment to their terms. The delisting is part of a plan to consolidate the company’s share capital on a ten-for-one basis, reducing the number of warrants and adjusting their exercise price. The amendment aims to extend the warrant term by three years, with potential acceleration based on share price performance, pending exchange approval.
Spark’s Take on TSE:TOH Stock
According to Spark, TipRanks’ AI Analyst, TSE:TOH is a Underperform.
Total Helium Ltd’s overall stock score is significantly hindered by its financial instability, characterized by declining revenues, substantial net losses, and negative equity. Technical analysis indicates bearish sentiment with weak price trends and momentum indicators. Valuation metrics further detract from the score with a negative P/E ratio, suggesting a lack of profitability. However, the recent corporate rebranding and recapitalization efforts provide a glimmer of potential improvement in operational efficiency and financial stability.
To see Spark’s full report on TSE:TOH stock, click here.
Total Helium Ltd has announced a significant corporate rebranding and recapitalization effort, including a name change to Altura Energy Corp and a ten-for-one share consolidation. This strategic move aims to streamline the company’s capital structure and enhance its market positioning. Additionally, the company is initiating a brokered private placement to raise up to $1.5 million, which will be used to repay existing debts and for general corporate purposes. The company also plans to settle outstanding debts and payables through the issuance of new shares, further solidifying its financial foundation. These actions are subject to regulatory approvals and are expected to impact the company’s operational efficiency and stakeholder value positively.
Spark’s Take on TSE:TOH Stock
According to Spark, TipRanks’ AI Analyst, TSE:TOH is a Underperform.
Total Helium Ltd’s overall stock score is significantly hindered by its financial instability, characterized by declining revenues, substantial net losses, and negative equity. Technical analysis indicates bearish sentiment with weak price trends and momentum indicators. Valuation metrics further detract from the score with a negative P/E ratio, suggesting a lack of profitability and investment appeal.
To see Spark’s full report on TSE:TOH stock, click here.