Delta Resources (DLTA) AI Stock Analysis

• Market Cap: C$21.03M
• Dividend Yield: N/A
• Average Volume (3M): 121.67K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.58
• Revenue Growth: N/A
• EPS Growth: 44.39%
• Country: CA
• Employees: 6
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 135,771,820
• 10 Day Avg. Volume: 153,065
• 30 Day Avg. Volume: 121,675
• PEG Ratio: 0.08
• Price to Book (P/B): 3.29
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.56
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: C$0.15 ▼(-9.38% Downside)

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and continued cash burn with dilution/financing risk). Technicals also reflect a soft trend despite oversold signals. Positive exploration progress provides some support, but not enough to outweigh the fundamentals.

Positive Factors

Strong Equity Position

A strong equity position with no debt provides financial stability, allowing Delta Resources to potentially leverage future opportunities without the burden of debt servicing.

Sustainable Mining Practices

Commitment to sustainable mining practices can enhance Delta Resources' reputation and compliance with environmental regulations, potentially attracting environmentally conscious investors and partners.

Exploration Expansion

The expansion of the drilling program at the Delta-1 Gold Property indicates potential growth in resource inventory, which could lead to increased future revenue streams if successful.

Negative Factors

Zero Revenue

Consistently zero revenue highlights the lack of commercial operations or successful exploration outcomes, posing a significant challenge to achieving profitability and sustaining operations long-term.

Negative Cash Flow

Negative cash flows without revenue generation indicate financial strain, necessitating reliance on external funding and raising concerns about the company's ability to sustain operations without significant changes.

Ongoing Losses

Persistent losses without offsetting income reflect operational inefficiencies and a lack of profitable ventures, challenging the company's financial health and long-term viability.

Delta Resources Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Delta Resources makes money through the exploration, extraction, and sale of mineral resources. Its primary revenue streams include the sale of extracted minerals like gold and copper to global markets, including industrial and jewelry sectors. The company also enters into long-term supply agreements and partnerships with manufacturing firms and commodity traders, ensuring a steady demand for its products. Additionally, Delta Resources might engage in joint ventures and strategic alliances to diversify its portfolio and enhance its production capabilities. Fluctuations in commodity prices and operational efficiency are significant factors that influence the company's earnings.

Delta Resources Financial Statement Overview

Summary

Delta Resources faces significant financial challenges with continuous losses, zero revenue, and reliance on external financing. The company's strong equity position provides some stability, but the lack of revenue and cash flow issues highlight a precarious financial situation.

Income Statement

Delta Resources has consistently reported zero revenue over the past years, indicating a lack of commercial operations or successful exploration outcomes. The company experiences persistent negative EBIT and net income, highlighting ongoing losses without any offsetting income.

Balance Sheet

The company maintains a strong equity position with no debt, as evident from a zero debt-to-equity ratio, which is favorable for financial stability. However, the declining stockholders' equity over recent years and negative net income pose concerns about sustainability.

Cash Flow

Delta Resources shows negative operating and free cash flows, indicating cash outflows without revenue generation. Although financing cash flow is positive, the reliance on external funding raises questions about long-term viability without revenue growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-5.33K	-6.92K	-5.66K	-1.83K	-1.14K	-1.25K
EBITDA	-5.70M	-6.32M	-8.17M	-4.33M	-1.56M	-1.93M
Net Income	-4.43M	-6.09M	-7.11M	-3.94M	-1.52M	-1.92M
Balance Sheet
Total Assets	2.36M	6.24M	6.81M	3.47M	4.42M	1.99M
Cash, Cash Equivalents and Short-Term Investments	2.20M	5.65M	6.10M	2.99M	3.61M	1.21M
Total Debt	0.00	0.00	0.00	30.00K	30.00K	30.00K
Total Liabilities	1.25M	2.17M	1.11M	889.27K	714.16K	503.45K
Stockholders Equity	1.11M	4.07M	5.71M	2.58M	3.70M	1.49M
Cash Flow
Free Cash Flow	-4.41M	-5.24M	-7.21M	-3.48M	-1.26M	-1.34M
Operating Cash Flow	-4.41M	-5.24M	-7.19M	-3.48M	-1.26M	-1.34M
Investing Cash Flow	-1.25K	-150.00K	-20.11K	220.42K	0.00	0.00
Financing Cash Flow	4.94M	4.95M	10.32M	2.64M	3.66M	1.62M

Delta Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DLTA, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.16, and above the 200-day MA of 0.15, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.11 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DLTA.

Delta Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KALO	49 Neutral	C$33.97M	-3.64	-201.31%	―	―	-58.16%
OMM	48 Neutral	C$19.66M	-6.15	-58.36%	―	―	-23.23%
BARU	44 Neutral	C$23.85M	-6.07	―	―	―	5.41%
DLTA	43 Neutral	C$21.03M	-5.34	-331.35%	―	―	44.39%
GRC	43 Neutral	C$21.23M	-24.19	-2.66%	―	―	11.43%

Delta Resources Corporate Events

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

Delta Resources Limited has successfully completed its 2025 fall drilling program at the Delta-1 Property, exceeding planned meterage and holes, and has also completed a high-resolution drone magnetic survey. The drilling program aimed to enhance understanding of the structural controls and extensions of mineralization around the Eureka Gold Deposit and test new target areas, including the Wedge sector. The expanded drilling and survey efforts are expected to support future exploration and potential expansion, with assay results anticipated soon.

Delta Resources to Present at 121 Mining Investment Conference in London

Delta Resources Limited has announced its participation in the 121 Mining Investment Conference in London, where interim CEO Ron Kopas will present the company’s recent and future activities. This event, scheduled for November 17-18, will host over 150 mining companies and more than 500 investors, offering a platform for Delta Resources to enhance its industry positioning and engage with potential investors.

Delta Resources Advances Exploration and Environmental Initiatives at Delta-1

Delta Resources Limited has completed a regional till survey and initiated an environmental baseline program at its Delta-1 Gold Property in Thunder Bay, Ontario. The company is advancing its Phase II drilling program, aiming to expand the Eureka Gold Deposit and test new targets. These efforts are expected to enhance resource potential and support responsible project development, positioning Delta Resources for future growth.