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Altima Resources TSXV:ARH Stock Report

Last Price

CA$0.045

Market Cap

CA$2.3m

7D

0%

1Y

-25.0%

Updated

24 Apr, 2024

Data

Company Financials

ARH Stock Overview

Altima Resources Ltd., a junior energy company, engages in exploration and development of petroleum and natural gas in Canada.

ARH fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends0/6

Altima Resources Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Altima Resources
Historical stock prices
Current Share PriceCA$0.045
52 Week HighCA$0.08
52 Week LowCA$0.02
Beta1.38
1 Month Change12.50%
3 Month Change12.50%
1 Year Change-25.00%
3 Year Change-10.00%
5 Year Change50.00%
Change since IPO-95.71%

Recent News & Updates

Recent updates

Shareholder Returns

ARHCA Oil and GasCA Market
7D0%1.7%1.2%
1Y-25.0%16.8%6.1%

Return vs Industry: ARH underperformed the Canadian Oil and Gas industry which returned 16.8% over the past year.

Return vs Market: ARH underperformed the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is ARH's price volatile compared to industry and market?
ARH volatility
ARH Average Weekly Movement26.6%
Oil and Gas Industry Average Movement6.8%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.1%

Stable Share Price: ARH has not had significant price volatility in the past 3 months.

Volatility Over Time: ARH's weekly volatility has decreased from 40% to 27% over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2003n/aJoe Edward DeVrieswww.altimaresources.ca

Altima Resources Ltd., a junior energy company, engages in exploration and development of petroleum and natural gas in Canada. It intends to focus on acquiring undervalued oil and gas assets; and exploiting existing low risk high return asset enhancement. The company also engages in acquiring, developing and exploring for light gravity oil and liquids rich high impact gas targets.

Altima Resources Ltd. Fundamentals Summary

How do Altima Resources's earnings and revenue compare to its market cap?
ARH fundamental statistics
Market capCA$2.27m
Earnings (TTM)CA$51.61k
Revenue (TTM)CA$2.46m

44.0x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARH income statement (TTM)
RevenueCA$2.46m
Cost of RevenueCA$2.19m
Gross ProfitCA$267.17k
Other ExpensesCA$215.56k
EarningsCA$51.61k

Last Reported Earnings

Nov 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.001
Gross Margin10.86%
Net Profit Margin2.10%
Debt/Equity Ratio-28.1%

How did ARH perform over the long term?

See historical performance and comparison
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