Want to see TSE:ALTA full AI Analyst Report?
Top Page
Altamira Gold Corp
(ALTA)
Select Model
Select Model
Rating:44Neutral
Price Target:
C$0.22
▼(-0.91% Downside)
Action:Reiterated
Date:10/15/26
The score is held down primarily by the lack of revenue, ongoing losses, and persistent negative operating/free cash flow, implying continued reliance on external funding. A debt-free balance sheet and growing equity base provide some stability, while technical indicators and valuation (negative P/E and no dividend) offer limited support.
Positive Factors
Debt-free balance sheet
Essentially 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.
Negative Factors
No operating revenue
The 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.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Essentially 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.
Read all positive factors
Altamira Gold Corp (ALTA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$65.26M
Dividend YieldN/A
Average Volume (3M)136.11K
Price to Earnings (P/E)―
Beta (1Y)1.60
Revenue GrowthN/A
EPS Growth5.63%
CountryCA
Employees18
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding296,658,050
10 Day Avg. Volume165,232
30 Day Avg. Volume136,114
Financial Highlights & Ratios
PEG Ratio11.83
Price to Book (P/B)1.81
Price to Sales (P/S)0.00
P/FCF Ratio-37.82
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
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
Income Statement
14
Very Negative
Balance Sheet
63
Positive
Cash Flow
24
Negative
| Breakdown | May 2026 | May 2025 | May 2024 | May 2023 | May 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 Assets | 33.31M | 21.65M | 24.96M | 19.52M | 19.81M |
| Cash, Cash Equivalents and Short-Term Investments | 7.52M | 753.62K | 4.69M | 1.58M | 5.50M |
| Total Debt | 0.00 | 0.00 | 39.48K | 111.88K | 168.34K |
| Total Liabilities | 572.08K | 193.48K | 712.32K | 726.68K | 457.38K |
| Stockholders Equity | 32.73M | 21.46M | 24.24M | 18.80M | 19.35M |
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 Flow | 11.52M | 0.00 | 5.93M | 105.11K | 4.79M |
Altamira Gold Corp Technical Analysis
Negative
0.22
Price Trends
0.24
Negative
0.21
Positive
0.21
Positive
Market Momentum
>-0.01
Positive
42.63
Neutral
16.59
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ALTA, the sentiment is Negative. The current price of 0.22 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.24, and above the 200-day MA of 0.21, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.63 is Neutral, neither overbought nor oversold. The STOCH value of 16.59 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ALTA.
Altamira Gold Corp Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$147.10M | -11.68 | -19.35% | ― | ― | -570.29% | |
50 Neutral | C$149.65M | -39.83 | -29.24% | ― | ― | -10.28% | |
48 Neutral | C$114.70M | -23.61 | -5.48% | ― | ― | -176.92% | |
47 Neutral | C$91.81M | -20.50 | -12.56% | ― | ― | 29.77% | |
44 Neutral | C$65.26M | -33.33 | -5.82% | ― | ― | 5.63% | |
42 Neutral | C$119.75M | -3.78 | -116.78% | ― | ― | -50.16% |
* General Sector Average
TSE:ALTA
Altamira Gold Corp
0.22
-0.01
-4.35%
TSE:BRAU
Big Ridge Gold
0.47
0.27
141.03%
TSE:AGC
Valorem Resources
0.35
-0.10
-21.35%
TSE:GGO
Galleon Gold
1.08
0.44
68.75%
TSE:SOI
Sirios Resources
0.17
0.10
142.86%
TSE:ARIC
Awale Resources Limited
0.64
0.03
4.92%
Altamira Gold Corp Corporate Events
Business Operations and Strategy
Altamira Gold Extends Mineralization at Maria Bonita with Broad Gold Intervals
Positive
Oct 8, 2026
Altamira Gold reported new drilling and trenching results from the Maria Bonita deposit in Brazil’s Cajueiro district, highlighting broad gold intervals that fell outside the cutoff date for its recent resource update. Key results include dr...
Business Operations and Strategy
Altamira Gold Boosts Maria Bonita Resources, Strengthening Cajueiro District Portfolio
Positive
Sep 21, 2026
Altamira Gold Corp has reported a major increase in mineral resources at its Maria Bonita porphyry gold deposit within the Cajueiro Project in Brazil, following new drilling conducted between August 2022 and August 2026. The updated, independently...
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 company̵...
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...
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.