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Delta Resources
(DLTA)
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Rating:49Neutral
Price Target:
C$0.21
▲(18.89% Upside)
Action:Reiterated
Date:09/06/26
The score is held down primarily by weak financial performance—no revenue, ongoing losses, and sustained cash burn—despite the benefit of a low-debt balance sheet. Technicals are supportive with an uptrend across moving averages, but overbought signals add near-term risk. Valuation is constrained by negative earnings (negative P/E) and no stated dividend yield.
Positive Factors
Debt-free balance sheet
A debt-free balance sheet limits interest expense and refinancing exposure while preserving flexibility to fund exploration or respond to changing project results. This conservative capital structure is a durable financial advantage, although it does not eliminate the need for future equity financing.
Negative Factors
No revenue base
The absence of revenue confirms that Delta Resources remains in an exploration or pre-commercial phase rather than operating a producing business. Without sales, the company has no internally generated operating support, making future progress dependent on exploration success, transactions, or continued access to capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free balance sheet limits interest expense and refinancing exposure while preserving flexibility to fund exploration or respond to changing project results. This conservative capital structure is a durable financial advantage, although it does not eliminate the need for future equity financing.
Read all positive factors
Delta Resources (DLTA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$38.37M
Dividend YieldN/A
Average Volume (3M)153.82K
Price to Earnings (P/E)―
Beta (1Y)1.11
Revenue GrowthN/A
EPS Growth58.10%
CountryCA
Employees6
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)-0.02
Shares Outstanding163,257,980
10 Day Avg. Volume285,278
30 Day Avg. Volume153,816
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
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 2...
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, (...
Delta Resources Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
55
Neutral
Cash Flow
12
Very Negative
| Breakdown | TTM | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -4.00K | -4.82K | -6.92K | -5.66K | -1.83K | -1.14K |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 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 | 0.00 | -1.25K | -150.00K | -20.11K | 220.42K | 0.00 |
| Financing Cash Flow | 6.42M | -523.00 | 4.95M | 10.32M | 2.64M | 3.66M |
Delta Resources Technical Analysis
Positive
0.18
Price Trends
0.18
Positive
0.18
Positive
0.18
Positive
Market Momentum
0.02
Negative
60.47
Neutral
81.11
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DLTA, the sentiment is Positive. The current price of 0.18 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.18, and below the 200-day MA of 0.18, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 60.47 is Neutral, neither overbought nor oversold. The STOCH value of 81.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DLTA.
Delta Resources 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% | |
49 Neutral | C$38.37M | -14.43 | -133.88% | ― | ― | 58.10% | |
49 Neutral | C$24.22M | -7.69 | -89.43% | ― | ― | 25.71% | |
48 Neutral | C$14.73M | -7.43 | -36.04% | ― | ― | 42.64% | |
46 Neutral | C$18.41M | -21.35 | -2.65% | ― | ― | ― | |
43 Neutral | C$18.26M | -1.33 | -161.75% | ― | ― | -78.95% |
* General Sector Average
TSE:DLTA
Delta Resources
0.22
0.04
22.22%
TSE:BARU
Baru Gold
0.07
-0.02
-18.75%
TSE:OMM
Omineca Mining and Metals
0.06
>-0.01
-8.33%
TSE:OCI
Orefinders Resources
0.18
0.10
133.33%
TSE:GRC
Gold Springs Resource
0.07
-0.04
-38.10%
TSE:KALO
Kalo Gold Holdings
0.14
-0.18
-56.25%
Delta Resources Corporate Events
Business Operations and StrategyExecutive/Board Changes
Delta bolsters board and technical depth with new directors and option grants
Positive
Sep 1, 2026
Delta 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 com...
Business Operations and StrategyShareholder Meetings
Delta Resources Shareholders Back Board and Incentive Plan at AGM
Positive
Aug 25, 2026
Delta 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...
Business Operations and StrategyM&A Transactions
Delta Resources secures full ownership of Gold Creek Property, avoids dilution with cash deal
Positive
Aug 6, 2026
Delta 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 ...
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.