Delta Resources (TSE:DLTA)
:DLTA
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DLTA Stock Chart & Stats
C$0.18
<C$0.01(3.70%)
At close: 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$26.61M
Enterprise ValueC$25.37M
Total Cash (Recent Filing)C$429.98K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.33
Next Earnings
May 21, 2026EPS 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 Ratio0.12
Price to Book (P/B)-258.80
Price to Sales (P/S)0.00
P/FCF Ratio-4.26
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
Low Financial LeverageNear-zero debt materially reduces near-term financing stress for an explorer. Low leverage limits interest and maturity risk, preserving optionality to execute staged programs or seek JV/farm-out partners. This structural strength supports 2–6 month runway flexibility versus indebted peers.
Focused Exploration Business ModelA clear, narrow mandate on early-stage gold and base/critical metals exploration concentrates capital on discovery milestones. This business model creates binary value inflection points (drill results, partnerships, farm-outs) and aligns costs with project advancement, preserving long-term option value.
Narrowing Losses And Reduced Cash OutflowSequential improvement in net loss and reduced cash outflow signals better cost control or program optimization. If sustained, this trend prolongs runway between financings and raises the probability of reaching a value-driving milestone without immediate dilutive raises over the next several months.
Bears Say
Pre-revenue OperationsBeing pre-revenue means the company lacks operating cash inflows and depends entirely on external funding or transaction outcomes. Over the next 2–6 months this structural constraint keeps valuation tied to exploration success rather than cash generation, raising financing risk.
Persistent Negative Cash FlowConsistent annual cash burn creates an ongoing need for capital infusions. That structural cash deficit increases probability of dilutive equity raises or constrained programs, which can limit the pace of exploration and value realization across the medium term.
Negative Shareholders' EquityNegative equity materially reduces balance-sheet flexibility and can complicate access to non-dilutive funding or secured credit. This structural weakness elevates financing and counterparty risks for transactions and partnerships over the coming months.
Delta Resources News
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$26.61M.
When is Delta Resources’s upcoming earnings report date?
Delta Resources’s upcoming earnings report date is May 21, 2026 which is in 23 days.
How were Delta Resources’s earnings last quarter?
Delta Resources released its earnings results on Mar 19, 2026. The company reported -C$0.009 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.009.
Is Delta Resources overvalued?
According to Wall Street analysts Delta Resources’s price is currently Overvalued.
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$0.009 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.
Technical Analysis
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Options Prices
Currently, No data available
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