Delta Resources (TSE:DLTA)
:DLTA
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DLTA Stock Chart & Stats
C$0.18
<C$0.01(3.70%)
At close: 4:00 PM EST
C$0.18
<C$0.01(3.70%)
Day’s Range― - ―
52-Week RangeC$0.08 - C$0.26
Previous CloseN/A
Volume7.00K
Average Volume (3M)121.67K
Market Cap
C$26.39M
Enterprise ValueC$24.63M
Total Cash (Recent Filing)C$708.37K
Total Debt (Recent Filing)C$400.00K
Price to Earnings (P/E)―
Beta1.35
Next Earnings
Aug 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding159,967,480
10 Day Avg. Volume153,065
30 Day Avg. Volume121,675
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)-258.80
Price to Sales (P/S)0.00
P/FCF Ratio-4.26
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
Bulls Say, Bears Say
Bulls Say
Focused Exploration Business ModelDelta Resources operates a focused, asset-led exploration model targeting gold and critical/base metals. That business model offers asymmetric upside from successful discoveries or transactions, and aligns with durable structural demand for critical metals used in electrification and energy transition.
Modest Absolute DebtLeverage is modest in absolute terms (~$0.4M debt), which reduces fixed financial burden and interest risk. Lower nominal debt gives management flexibility to prioritize exploration or structure financings without heavy interest expense, a durable advantage while the company remains pre-revenue.
Improving Net Loss TrendThe reduction in net losses year-over-year indicates progress in cost control or more efficient program spending. A sustained trend of narrowing losses can materially extend runway, lower financing frequency, and improve partner/financing terms over the next several quarters if maintained.
Bears Say
Pre-revenue OperationsDelta has no operating revenue and negative gross profit, meaning operations generate no internal financing. Long-term viability depends on exploration success, asset sales, or external funding; absence of revenue removes typical business resilience and increases structural financing risk.
High Cash BurnSustained negative operating and free cash flow of roughly -$4.15M TTM requires repeated capital raises. Persistent cash burn depletes liquidity, forces dilutive financings or asset sales, and constrains multi-stage exploration programs—creating a durable capital-structure headwind.
Weakened Balance Sheet & Dilution RiskA sharply reduced asset base and periods of negative equity materially weaken solvency and negotiating power. With assets under ~$1M, the company faces higher probability of dilutive financings, partner demands, or asset monetization, limiting strategic optionality over the medium term.
Delta Resources News
DLTA FAQ
What was Delta Resources’s price range in the past 12 months?
Delta Resources lowest stock price was C$0.08 and its highest was C$0.26 in the past 12 months.
What is Delta Resources’s market cap?
Delta Resources’s market cap is C$26.39M.
When is Delta Resources’s upcoming earnings report date?
Delta Resources’s upcoming earnings report date is Aug 26, 2026 which is in 82 days.
How were Delta Resources’s earnings last quarter?
Delta Resources released its earnings results on May 25, 2026. The company reported C$0.002 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.002.
Is Delta Resources overvalued?
According to Wall Street analysts Delta Resources’s price is currently Overvalued.
Does Delta Resources pay dividends?
Delta Resources does not currently pay dividends.
What is Delta Resources’s EPS estimate?
Delta Resources’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Delta Resources have?
Delta Resources has 159,967,480 shares outstanding.
What happened to Delta Resources’s price movement after its last earnings report?
Delta Resources reported an EPS of C$0.002 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Delta Resources?
Currently, no hedge funds are holding shares in TSE:DLTA
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
Company Description
Delta Resources
Delta Resources Limited, an exploration company, engages in the acquisition, exploration, and development of gold and base metal projects in Canada. It has an agreement to acquire a 100% interest in the Delta-1/Eureka project, which consists of 245 mining claims totaling an area of 4,495 hectares located in the Thunder Bay district of Ontario; and the Delta-2 project comprising 237 claims covering an area of 12,650 hectares located in the Chibougamau Mining district of Quebec. The company also holds an option agreement to acquire the Dollier property that consists of 40 claims covering an area of 2,228 hectares located in Chibougamau, Quebec. The company was formerly known as Golden Hope Mines Limited and changed its name to Delta Resources Limited in July 2019. Delta Resources Limited was incorporated in 1946 and is based in Kingston, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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