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Altamira Gold Corp
(ALTA)
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Rating:51Neutral
Price Target:
C$0.29
▲(32.27% Upside)
Action:Reiterated
Date:09/09/26
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and continued negative operating/free cash flow), despite a low-debt balance sheet. Technicals are a meaningful positive with strong upward momentum and price above key moving averages, but valuation remains challenging given negative earnings and no dividend yield.
Positive Factors
Low Financial Leverage
Essentially zero debt limits leverage and near-term solvency pressure. This gives Altamira greater flexibility to fund exploration, preserve assets, or pursue transactions without a material debt-service burden, although it does not by itself create profits.
Negative Factors
No Operating Revenue
The absence of revenue means Altamira currently lacks an operating income stream to fund exploration and corporate costs. Its future profitability depends heavily on successful project development, asset monetization, or other financing-supported milestones rather than established commercial operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Financial Leverage
Essentially zero debt limits leverage and near-term solvency pressure. This gives Altamira greater flexibility to fund exploration, preserve assets, or pursue transactions without a material debt-service burden, although it does not by itself create profits.
Read all positive factors
Altamira Gold Corp (ALTA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$77.13M
Dividend YieldN/A
Average Volume (3M)128.17K
Price to Earnings (P/E)―
Beta (1Y)1.55
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. Volume254,023
30 Day Avg. Volume128,169
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
Positive
0.22
Price Trends
0.19
Positive
0.19
Positive
0.21
Positive
Market Momentum
0.02
Negative
69.74
Neutral
92.16
Negative
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 0.21, above the 50-day MA of 0.19, and above the 200-day MA of 0.21, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 69.74 is Neutral, neither overbought nor oversold. The STOCH value of 92.16 is Negative, 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
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% | |
51 Neutral | C$77.13M | -43.94 | -5.82% | ― | ― | 5.63% | |
47 Neutral | C$156.55M | -12.54 | -19.35% | ― | ― | -570.29% | |
47 Neutral | C$114.77M | -25.06 | -12.56% | ― | ― | 29.77% | |
45 Neutral | C$104.40M | -6.36 | -130.85% | ― | ― | 35.95% | |
45 Neutral | C$131.00M | -37.96 | -4.51% | ― | ― | -285.71% | |
41 Neutral | C$184.52M | -154.05 | -8.68% | ― | ― | 77.38% |
* General Sector Average
TSE:ALTA
Altamira Gold Corp
0.29
0.02
7.41%
TSE:BRAU
Big Ridge Gold
0.57
0.37
178.05%
TSE:AGC
Valorem Resources
0.51
0.13
34.21%
TSE:GGO
Galleon Gold
1.16
0.61
110.91%
TSE:SOI
Sirios Resources
0.21
0.13
192.86%
TSE:ARIC
Awale Resources Limited
0.77
0.23
42.59%
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 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.