Delta Resources (DLTA) Price & Analysis

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DLTA Stock Chart & Stats

C$0.18

<C$0.01(3.70%)

At close: Jan 08 4:00 PM EST

C$0.18

<C$0.01(3.70%)

Day’s Range― - ―

52-Week RangeC$0.08 - C$0.26

Previous CloseN/A

Volume7.00K

Average Volume (3M)121.67K

Market Cap

C$23.20M

Enterprise ValueC$20.86M

Total Cash (Recent Filing)C$2.20M

Total Debt (Recent Filing)C$0.00

Price to Earnings (P/E)―

Beta1.81

Next Earnings

May 21, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding136,471,820

10 Day Avg. Volume153,065

30 Day Avg. Volume121,675

Financial Highlights & Ratios

PEG Ratio0.08

Price to Book (P/B)3.29

Price to Sales (P/S)0.00

P/FCF Ratio-2.56

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

Bulls Say, Bears Say

Bulls Say

Very Low LeverageZero reported debt materially reduces solvency risk and gives the company structural financial flexibility. For an exploration-stage miner, minimal leverage lowers mandatory cash outflows, improving ability to pursue drilling or permitting over 2–6 months without immediate interest burden or covenant pressure.

Cash Flow QualityAlignment of free cash flow with accounting losses implies earnings largely reflect real cash consumption rather than non-cash write-downs. This quality improves visibility on true cash runway and makes short- to medium-term financing needs easier to model for strategic planning and investor assessment.

Lean Cost BaseA very small headcount suggests a capital-light, lean operating model common in exploration firms, limiting fixed overhead. Over a multi-month horizon this structural cost discipline can extend runway, allow focused use of capital on field programs, and reduce dilution pressure versus larger SG&A loads.

Bears Say

No Revenue BaseAbsence of any revenue leaves the business dependent on capital markets for funding and provides no internal margin cushion. Over 2–6 months this structural lack of top-line cash generation constrains strategic optionality, prevents reinvestment from operations, and elevates execution risk.

Heavy Cash BurnSustained negative operating and free cash flow at multi-million-dollar levels creates an ongoing need for external financing. Structurally, this shortens runway, raises dilution risk, and limits ability to scale exploration programs or respond to opportunities without immediate capital raises within the coming months.

Shrinking Shareholders' EquityRapid erosion of equity indicates cumulative losses and reduces the company’s balance-sheet buffer. This structural weakening heightens dependence on fresh capital, increases potential dilution for existing holders, and constrains larger strategic moves or partner investments over the medium term.

Delta Resources News

Delta Resources Strengthens Leadership and Technical Team to Advance Gold Projects

Delta Resources ( ($TSE:DLTA) ) has provided an announcement. Delta Resources has appointed Ron Kopas as permanent chief...

17h ago

Delta Resources Reports Strong Eureka Gold Intercepts and Starts Metallurgical Program at Delta-1

Delta Resources ( ($TSE:DLTA) ) has issued an announcement. Delta Resources has reported strong assay results from the...

1d ago

Delta Resources Secures Up to C$8.25 Million Non-Dilutive Funding Through Delta-2 Option Deal

The latest update is out from Delta Resources ( ($TSE:DLTA) ). Delta Resources has secured conditional approval from...

3d ago

Delta Resources Uncovers New Gold Zone at Delta-1’s Wedge Area, Launches Follow-Up Drilling

Delta Resources ( ($TSE:DLTA) ) has provided an update. Delta Resources has reported a new gold intercept at...

16d ago

Delta Resources Options Québec Delta-2 Project to Troilus in C$8.25 Million Deal

The latest announcement is out from Delta Resources ( ($TSE:DLTA) ). Delta Resources has entered into an option...

22d ago

Delta Resources Director Justin Reid Resigns but Remains Advisor as Delta-1 Project Advances

Delta Resources ( ($TSE:DLTA) ) has issued an announcement. Delta Resources announced that Justin Reid has resigned from...

27d ago

Delta Resources Extends Eureka Gold System and Unveils New Shabaqua Target at Delta-1

The latest update is out from Delta Resources ( ($TSE:DLTA) ). Delta Resources reported encouraging assay results from...

1M ago

Delta Resources Completes Expanded Drilling and Drone Survey at Delta-1 Property

Delta Resources ( ($TSE:DLTA) ) has issued an announcement. Delta Resources Limited has successfully completed its 2025 fall...

3M ago

Delta Resources to Present at 121 Mining Investment Conference in London

An update from Delta Resources ( ($TSE:DLTA) ) is now available. Delta Resources Limited has announced its participation...

3M ago

Delta Resources Advances Exploration and Environmental Initiatives at Delta-1

The latest announcement is out from Delta Resources ( ($TSE:DLTA) ). Delta Resources Limited has completed a regional...

4M ago

DLTA FAQ

What was Delta Resources’s price range in the past 12 months?

Delta Resources lowest stock price was C$0.08 and its highest was C$0.26 in the past 12 months.

What is Delta Resources’s market cap?

Delta Resources’s market cap is C$23.20M.

When is Delta Resources’s upcoming earnings report date?

Delta Resources’s upcoming earnings report date is May 21, 2026 which is in 90 days.

How were Delta Resources’s earnings last quarter?

Delta Resources released its earnings results on Nov 27, 2025. The company reported -C$0.007 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.007.

Is Delta Resources overvalued?

According to Wall Street analysts Delta Resources’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Delta Resources pay dividends?

Delta Resources does not currently pay dividends.

What is Delta Resources’s EPS estimate?

Delta Resources’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Delta Resources have?

Delta Resources has 136,471,820 shares outstanding.

What happened to Delta Resources’s price movement after its last earnings report?

Delta Resources reported an EPS of -C$0.007 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Delta Resources?

Currently, no hedge funds are holding shares in TSE:DLTA

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Delta Resources

Delta Resources Limited, an exploration company, engages in the acquisition, exploration, and development of gold and base metal projects in Canada. It has an agreement to acquire a 100% interest in the Delta-1/Eureka project, which consists of 245 mining claims totaling an area of 4,495 hectares located in the Thunder Bay district of Ontario; and the Delta-2 project comprising 237 claims covering an area of 12,650 hectares located in the Chibougamau Mining district of Quebec. The company also holds an option agreement to acquire the Dollier property that consists of 40 claims covering an area of 2,228 hectares located in Chibougamau, Quebec. The company was formerly known as Golden Hope Mines Limited and changed its name to Delta Resources Limited in July 2019. Delta Resources Limited was incorporated in 1946 and is based in Kingston, Canada.