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Altamira Gold Corp (TSE:ALTA)
:ALTA
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Altamira Gold Corp (ALTA) AI Stock Analysis

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TSE:ALTA

Altamira Gold Corp

(ALTA)

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Neutral 56 (OpenAI - Gpt-5.6Sol)
Rating:56Neutral
Price Target:
C$0.22
▲(0.45% Upside)
Action:Reiterated
Date:08/26/26
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and negative operating/free cash flow implying continued funding needs). Offsetting this are a clean, low-debt balance sheet, improving technical trend with positive momentum, and positive corporate events that strengthen the exploration/resource expansion outlook.
Positive Factors
Maria Bonita Discovery Expansion
The western extension and open-at-depth mineralization improve the potential scale of the Maria Bonita system. Continued resource definition could strengthen Cajueiro’s strategic importance and support future development or partnership opportunities.
Negative Factors
No Revenue or Profitability
The company has not yet converted its exploration portfolio into operating revenue or profits. Its long-term financial outcome therefore depends heavily on successful resource advancement, project development, asset sales or strategic partnerships.
Read all positive and negative factors
Positive Factors
Negative Factors
Maria Bonita Discovery Expansion
The western extension and open-at-depth mineralization improve the potential scale of the Maria Bonita system. Continued resource definition could strengthen Cajueiro’s strategic importance and support future development or partnership opportunities.
Read all positive factors

Altamira Gold Corp (ALTA) vs. iShares MSCI Canada ETF (EWC)

Altamira Gold Corp Business Overview & Revenue Model

Company Description
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 significan...

Altamira Gold Corp Financial Statement Overview

Summary
Overall fundamentals are weak for an early-stage developer: no revenue across periods and persistent net losses (TTM net loss ~-$1.8M) with consistently negative operating and free cash flow (TTM OCF ~-$1.5M; TTM FCF ~-$3.1M), implying ongoing reliance on external funding. The main offset is a comparatively solid balance sheet with essentially zero debt and a higher equity base (~$33.1M TTM), which reduces near-term solvency risk.
Income Statement
14
Very Negative
Balance Sheet
63
Positive
Cash Flow
24
Negative
BreakdownMay 2026May 2025May 2024May 2023May 2022
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit-56.92K-56.81K-11.33K-10.20K-9.44K
EBITDA-1.75M-1.48M-1.62M-1.75M-1.51M
Net Income-1.80M-1.54M-1.63M-1.78M-1.58M
Balance Sheet
Total Assets33.31M21.65M24.96M19.52M19.81M
Cash, Cash Equivalents and Short-Term Investments7.52M753.62K4.69M1.58M5.50M
Total Debt0.000.0039.48K111.88K168.34K
Total Liabilities572.08K193.48K712.32K726.68K457.38K
Stockholders Equity32.73M21.46M24.24M18.80M19.35M
Cash Flow
Free Cash Flow-1.57M-3.91M-1.42M-1.19M-1.27M
Operating Cash Flow-1.40M-1.00M-1.07M-987.46K-913.31K
Investing Cash Flow-3.28M-2.91M-1.70M-3.01M-2.36M
Financing Cash Flow11.52M0.005.93M105.11K4.79M

Altamira Gold Corp Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.22
Price Trends
50DMA
0.18
Positive
100DMA
0.19
Positive
200DMA
0.21
Positive
Market Momentum
MACD
0.01
Negative
RSI
58.94
Neutral
STOCH
56.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ALTA, the sentiment is Positive. The current price of 0.22 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.18, and above the 200-day MA of 0.21, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 58.94 is Neutral, neither overbought nor oversold. The STOCH value of 56.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ALTA.

Altamira Gold Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
56
Neutral
C$62.30M-31.82-6.38%5.63%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
47
Neutral
C$161.40M-12.86-19.35%-570.29%
47
Neutral
C$110.35M-26.11-11.82%32.80%
45
Neutral
C$104.40M-6.23-130.85%35.95%
45
Neutral
C$124.29M-34.26-4.51%-285.71%
41
Neutral
C$194.07M-164.86-8.68%77.38%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:ALTA
Altamira Gold Corp
0.21
-0.02
-8.70%
TSE:BRAU
Big Ridge Gold
0.61
0.43
238.89%
TSE:AGC
Valorem Resources
0.50
0.17
51.52%
TSE:GGO
Galleon Gold
1.19
0.65
120.37%
TSE:SOI
Sirios Resources
0.19
0.11
164.29%
TSE:ARIC
Awale Resources Limited
0.77
0.19
32.76%

Altamira Gold Corp Corporate Events

Business Operations and Strategy
Altamira Gold Extends Maria Bonita Porphyry Discovery at Cajueiro District in Brazil
Positive
Aug 25, 2026
Altamira Gold Corp. has reported new drill results from the western extension of the Maria Bonita porphyry gold system in the Cajueiro district of Brazil, confirming a separate mineralized early porphyry body at Maria Bonita West. The company&#821...
Business Operations and Strategy
Altamira Gold Secures Key Land Access to Expand Cajueiro Exploration in Brazil
Positive
Aug 19, 2026
Altamira Gold Corp. has secured surface access to the western extension of its Cajueiro exploration licenses in Brazil, including the high-priority Novo Sonho target adjacent to the Maria Bonita porphyry gold deposit. The newly accessible 58km&#17...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 26, 2026