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Delta Resources (DLTA) AI Stock Analysis
Delta Resources
(TSXV:DLTA)
The overall score is severely depressed by the company's pre-revenue status and ongoing cash burn, which are the most significant risks. The debt-free balance sheet is the only mitigating factor, but it is insufficient to offset the fundamental lack of earnings and weak technical momentum.
Delta Resources (DLTA) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 26.94M
- Dividend Yield
- ―
- Average Volume (3M)
- 128.32K
- Price to Earnings (P/E)
- -11.1
- Beta (1Y)
- 1.14
- Revenue Growth
- ―
- EPS Growth
- 58.10%
- Country
- Canada
- Employees
- 6
- Sector
- General
- Sector Strength
- 55
- Industry
- Gold
Delta Resources Business Overview & Revenue Model
Company Description
Delta Resources Limited is a Canadian exploration company focused on the acquisition, exploration, and development of gold and base metal projects. The firm has an agreement to acquire 100% ownership of the Delta-1/Eureka project, which includes 245...
How the Company Makes Money
Delta Resources primarily seeks to generate value through mineral exploration and the advancement of exploration-stage properties. Typical monetization pathways for an exploration company include (i) raising capital to fund exploration programs, (ii)...
Delta Resources Financial Statement Overview
Summary
Pre-revenue gold explorer with no sales and persistent net losses, despite narrowing. The debt-free balance sheet provides some stability, but is overshadowed by deep negative cash flows and total dependence on external financing.
Income Statement
1Very NegativeBalance Sheet
65PositiveCash Flow
10Very Negative| Breakdown | TTM | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -4,005 | -4,819 | -6,919 | -5,659 | -1,835 | -1,142 |
| EBITDA | -4.51M | -6.19M | -6.32M | -8.17M | -4.33M | -1.56M |
| Net Income | -2.04M | -4.39M | -6.09M | -7.11M | -3.94M | -1.52M |
Balance Sheet | ||||||
| Total Assets | 7.07M | 1.01M | 6.24M | 6.81M | 3.47M | 4.42M |
| Cash, Cash Equivalents and Short-Term Investments | 6.63M | 429.98K | 5.65M | 6.10M | 2.99M | 3.61M |
| Total Debt | 0 | 0 | 0 | 0 | 30.00K | 30.00K |
| Total Liabilities | 2.19M | 1.10M | 2.17M | 1.11M | 889.27K | 714.16K |
| Stockholders Equity | 4.88M | -88.41K | 4.07M | 5.71M | 2.58M | 3.70M |
Cash Flow | ||||||
| Free Cash Flow | -3.60M | -5.37M | -5.24M | -7.21M | -3.48M | -1.26M |
| Operating Cash Flow | -3.60M | -5.37M | -5.24M | -7.19M | -3.48M | -1.26M |
| Investing Cash Flow | 0 | -1,249 | -150.00K | -20.11K | 220.42K | 0 |
| Financing Cash Flow | 6.42M | -523 | 4.95M | 10.32M | 2.64M | 3.66M |
Delta Resources Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DLTA, the sentiment is Negative. The current price of 0.17 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.20, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 22.37 is Positive, neither overbought nor oversold. The STOCH value of 14.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DLTA.
Delta Resources Peers Comparison
Overall Rating
TSE:BARU48Neutral
TSE:GRC43Neutral
TSE:OMM42Neutral
TSE:KALO39Underperform- TSE:DLTA38Underperform
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:BARU | 48Neutral | CAD 16.45M | -5.13 | -89.43% | ― | ― | 25.71% |
| TSE:GRC | 43Neutral | CAD 13.59M | -16.30 | -2.65% | ― | ― | 0.00% |
| TSE:OMM | 42Neutral | CAD 12.05M | -6.08 | -36.04% | ― | ― | 42.64% |
| TSE:KALO | 39Underperform | CAD 13.54M | -1.09 | -161.75% | ― | ― | -78.95% |
| TSE:DLTA | 38Underperform | CAD 27.19M | -11.07 | -133.88% | ― | ― | 58.10% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:DLTA | Delta Resources Ltd. | 0.17 | 0.01 | 6.45% | |
| TSE:BARU | Baru Gold Corp. | 0.04 | -0.03 | -42.86% | |
| TSE:OMM | Omineca Mining and Metals | 0.04 | -0.01 | -25.00% | |
| TSE:OCI | Orefinders Resources | 0.14 | 0.06 | 68.75% | |
| TSE:GRC | Gold Springs Resource Corp | 0.05 | -0.04 | -42.17% | |
| TSE:KALO | Kalo Gold Holdings Corp. | 0.12 | -0.23 | -66.18% |
Delta Resources Corporate Events
Delta Resources Starts I-Zone Drilling as Channel Samples Extend Gold Mineralization
PositiveDelta Resources has launched its first drill program at the I-Zone within the Delta-1 Gold Project, about 50 kilometres west of Thunder Bay, as part of a 10,000‑metre campaign. The program is designed to test the continuity of gold mineralizati...
Delta Resources Uncovers High-Grade Gold and New Targets Along Crayfish Creek Corridor
PositiveDelta Resources reported results from its 2026 surface exploration program at the I-Zone sector and Crayfish Creek Fault Corridor within the Delta-1 Gold Project in northwestern Ontario. Grab samples from 55 outcrops returned gold values up to 24.7 g...
Delta Resources advances Delta-1 with property-wide till program and expanded drilling
PositiveDelta Resources Limited is expanding exploration at its flagship Delta-1 Gold Project in northwestern Ontario, a 340-square-kilometre property hosting multiple gold-bearing corridors within a large, near-surface system. The company is targeting furth...
Delta Resources Extends I-Zone Gold Mineralization at Delta-1 Project
PositiveDelta Resources has reported initial channel-sampling results that extend known gold mineralization at the I-Zone by more than 400 metres eastward at its Delta-1 Gold Project in Ontario. Recent trench results and high-grade outcrop samples suggest th...
Delta Resources to Highlight Delta-1 Gold Project at Beaver Creek Summit
PositiveDelta Resources Limited, a Canadian mineral exploration firm, is centred on the Delta-1 Gold Project in Ontario, a large near-surface gold system west of Thunder Bay. The 340-square-kilometre property hosts the Eureka Gold Deposit, which extends over...
Delta bolsters board and technical depth with new directors and option grants
PositiveDelta Resources has strengthened its board and technical governance by appointing veteran geologist Zach Flood and seasoned metallurgist and mining executive Joseph C. Milbourne as directors. Both will also sit on the company’s technical commit...
Delta Resources Shareholders Back Board and Incentive Plan at AGM
PositiveDelta Resources Limited reported that shareholders approved all resolutions at the company’s annual and special meeting held on August 20, 2026. The vote reaffirmed the existing board of directors, confirmed the appointment of Raymond Chabot Gr...
Delta Resources secures full ownership of Gold Creek Property, avoids dilution with cash deal
PositiveDelta Resources has completed the acquisition of a 100 per cent interest in the Gold Creek Property, which hosts the high-grade I-Zone prospect within its 340 square kilometre Delta-1 Gold Project near Thunder Bay, Ontario. The property comprises 16...
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 23, 2026