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Altamira Gold Corp (TSE:ALTA)
:ALTA
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Altamira Gold Corp (ALTA) Price & Analysis

18 Followers

ALTA Stock Chart & Stats

C$0.22
-C$0.01(-6.06%)
At close: 4:00 PM EDT
C$0.22
-C$0.01(-6.06%)

Bulls Say, Bears Say

Bulls Say
Debt-free Balance SheetEssentially zero debt reduces solvency and refinancing risk while preserving financial flexibility for exploration spending. This gives Altamira more room to pursue projects or withstand weak operating results, although it does not by itself create profitability or eliminate future funding needs.
Growing Equity BaseThe larger equity base provides a stronger capital foundation for advancing exploration assets and absorbing ongoing development costs. It supports balance-sheet stability over the medium term, though continued losses could gradually reduce this cushion if new capital is not raised.
Project Development OptionalityAltamira’s exploration model creates multiple potential routes to value realization: advancing discoveries internally or monetizing assets through industry partners. This provides strategic optionality over the next several quarters, although outcomes remain dependent on successful exploration and project development.
Bears Say
No Operating RevenueThe absence of revenue means Altamira currently lacks an operating income stream to fund exploration, corporate costs, or future development. Its medium-term progress therefore depends on project advancement and financing rather than established commercial production, making earnings visibility structurally weak.
Persistent UnprofitabilityPersistent losses across gross profit, EBIT, EBITDA, and net income show that the company has not yet established profitable operations. Continued negative returns limit internal capital formation and make any transition toward sustainable earnings dependent on successful future project development.
Ongoing Cash BurnNegative operating and free cash flow indicate that Altamira consumes cash rather than generating it from operations. This can constrain exploration continuity and capital allocation, while increasing reliance on external funding until projects produce operating cash inflows.

Altamira Gold Corp News

ALTA FAQ

What was Altamira Gold Corp’s price range in the past 12 months?
Altamira Gold Corp lowest stock price was C$0.14 and its highest was C$0.32 in the past 12 months.
    What is Altamira Gold Corp’s market cap?
    Altamira Gold Corp’s market cap is C$65.26M.
      When is Altamira Gold Corp’s upcoming earnings report date?
      Altamira Gold Corp’s upcoming earnings report date is Nov 03, 2026 which is in 10 days.
        How were Altamira Gold Corp’s earnings last quarter?
        Altamira Gold Corp released its earnings results on Jun 27, 2026. The company reported -C$0.001 earnings per share for the quarter.
          Is Altamira Gold Corp overvalued?
          According to Wall Street analysts Altamira Gold Corp’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Altamira Gold Corp pay dividends?
            Altamira Gold Corp does not currently pay dividends.
            What is Altamira Gold Corp’s EPS estimate?
            Altamira Gold Corp’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Altamira Gold Corp have?
            Altamira Gold Corp has 296,658,050 shares outstanding.
              What happened to Altamira Gold Corp’s price movement after its last earnings report?
              Altamira Gold Corp reported an EPS of -C$0.001 in its last earnings report. Following the earnings report the stock price went same 0%.
                Which hedge fund is a major shareholder of Altamira Gold Corp?
                Currently, no hedge funds are holding shares in TSE:ALTA
                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

                  Altamira Gold Corp Stock Smart Score

                  4
                  Neutral
                  1
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                  10

                  Technicals

                  SMA
                  Positive
                  20 days / 200 days
                  Momentum
                  -10.20%
                  12-Months-Change

                  Fundamentals

                  Return on Equity
                  -5.82%
                  Trailing 12-Months
                  Asset Growth
                  58.32%
                  Trailing 12-Months
                  Learn more about TipRanks Smart Score

                  Company Description

                  Altamira Gold Corp

                  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 significant ownership in three major projects within the Alta Floresta Gold Belt of Northern Mato Grosso, Brazil: Cajueiro, spanning 24,076 hectares; Apiacas, covering an extensive 80,231 hectares; and Santa Helena, which encompasses 58,867 hectares. Originally incorporated in 1994, the firm was formerly known as Equitas Resources Corp. until it rebranded to Altamira Gold Corp. in April 2017. Its corporate headquarters are located in Vancouver, Canada.

                  Altamira Gold Corp (ALTA) Earnings & Revenues

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