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Altamira Gold Corp (ALTA) AI Stock Analysis
Altamira Gold Corp
(TSXV:ALTA)
The overall score is very low, driven primarily by weak technicals and a lack of positive valuation signals. The stock is in a clear downtrend with strong bearish momentum. The company's financial profile is typical of a junior explorer, with the key saving grace being a pristine, debt-free balance sheet that mitigates solvency risk. However, this is outweighed by the persistent and deepening operational losses and the complete dependence on external financing to fund its growing cash burn.
Altamira Gold Corp (ALTA) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 54.88M
- Dividend Yield
- ―
- Average Volume (3M)
- 137.99K
- Price to Earnings (P/E)
- -30.3
- Beta (1Y)
- 1.95
- Revenue Growth
- ―
- EPS Growth
- 0.00%
- Country
- Canada
- Employees
- 18
- Sector
- General
- Sector Strength
- 55
- Industry
- Gold
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 significant o...
Altamira Gold Corp Financial Statement Overview
Summary
Financial performance is a tale of two extremes. The income statement and cash flow statement are very weak, reflecting a pre-revenue explorer with widening losses and a growing cash burn. However, the balance sheet is a significant strength, being completely debt-free with a growing equity base. The overall financial health is entirely dependent on the balance sheet's pristine condition, which offsets the poor operational metrics.
Income Statement
1Very NegativeBalance Sheet
70PositiveCash Flow
15Very Negative| Breakdown | TTM | May 2026 | May 2025 | May 2024 | May 2023 | May 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -75.96K | -56.92K | -56.81K | -11.33K | -10.20K | -9,438 |
| EBITDA | -1.84M | -1.75M | -1.48M | -1.62M | -1.75M | -1.51M |
| Net Income | -1.78M | -1.80M | -1.54M | -1.63M | -1.78M | -1.58M |
Balance Sheet | ||||||
| Total Assets | 32.94M | 33.31M | 21.65M | 24.96M | 19.52M | 19.81M |
| Cash, Cash Equivalents and Short-Term Investments | 3.58M | 7.52M | 753.62K | 4.69M | 1.58M | 5.50M |
| Total Debt | 0 | 0 | 0 | 39.48K | 111.88K | 168.34K |
| Total Liabilities | 603.56K | 572.08K | 193.48K | 712.32K | 726.68K | 457.38K |
| Stockholders Equity | 32.34M | 32.73M | 21.46M | 24.24M | 18.80M | 19.35M |
Cash Flow | ||||||
| Free Cash Flow | -3.30M | -1.57M | -3.91M | -1.42M | -1.19M | -1.27M |
| Operating Cash Flow | -1.37M | -1.40M | -1.00M | -1.07M | -987.46K | -913.31K |
| Investing Cash Flow | -5.74M | -3.28M | -2.91M | -1.70M | -3.01M | -2.36M |
| Financing Cash Flow | 6.42M | 11.52M | 0 | 5.93M | 105.11K | 4.79M |
Altamira Gold Corp Technical Analysis
Price Trends
Market Momentum
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 0.18 is below the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.24, and below the 200-day MA of 0.21, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 33.66 is Neutral, neither overbought nor oversold. The STOCH value of 17.71 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
Overall Rating
TSE:ARIC43.45Neutral
TSE:AGC42Neutral
TSE:BRAU42Neutral
TSE:GGO42Neutral
TSE:SOI41Neutral- TSE:ALTA38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:ARIC | 43Neutral | CAD 93.25M | -20.91 | -12.56% | ― | ― | 29.77% |
| TSE:AGC | 42Neutral | CAD 104.36M | -3.29 | -116.78% | ― | ― | -50.16% |
| TSE:BRAU | 42Neutral | CAD 152.83M | -40.68 | -29.24% | ― | ― | -10.28% |
| TSE:GGO | 42Neutral | CAD 140.56M | -10.61 | -19.51% | ― | ― | -636.36% |
| TSE:SOI | 41Neutral | CAD 111.32M | -22.92 | -5.48% | ― | ― | -176.92% |
| TSE:ALTA | 38Underperform | CAD 54.88M | -30.33 | -5.42% | ― | ― | 0.00% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:ALTA | Altamira Gold Corp | 0.18 | -0.02 | -7.50% | |
| TSE:BRAU | Big Ridge Gold Corp. | 0.48 | 0.28 | 146.15% | |
| TSE:AGC | Valorem Resources Inc | 0.30 | -0.14 | -30.68% | |
| TSE:GGO | Galleon Gold Corp. | 1.03 | 0.41 | 66.13% | |
| TSE:SOI | Sirios Resources | 0.17 | 0.10 | 135.71% | |
| TSE:ARIC | Awale Resources Limited | 0.65 | 0.10 | 18.18% |
Altamira Gold Corp Corporate Events
Altamira Gold Extends Mineralization at Maria Bonita with Broad Gold Intervals
PositiveAltamira 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 drill...
Altamira Gold Boosts Maria Bonita Resources, Strengthening Cajueiro District Portfolio
PositiveAltamira 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 pr...
Altamira Gold Extends Maria Bonita Porphyry Discovery at Cajueiro District in Brazil
PositiveAltamira 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’s...
Altamira Gold Secures Key Land Access to Expand Cajueiro Exploration in Brazil
PositiveAltamira 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 58km²...
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: Oct 31, 2026