Altai Resources Inc. operates as a natural resource exploration and development company in Canada. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Altai Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATI's share price has been volatile over the past 3 months.
7 Day Return
CA Oil and Gas
1 Year Return
CA Oil and Gas
Return vs Industry: ATI exceeded the Canadian Oil and Gas industry which returned -33.5% over the past year.
Return vs Market: ATI exceeded the Canadian Market which returned -4% over the past year.
Price Volatility Vs. Market
How volatile is Altai Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StDid You Manage To Avoid Altai Resources' (CVE:ATI) 31% Share Price Drop?
6 months ago | Simply Wall StWe Think Altai Resources (CVE:ATI) Can Afford To Drive Business Growth
8 months ago | Simply Wall StDoes Altai Resources Inc. (CVE:ATI) Have A Particularly Volatile Share Price?
Is Altai Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ATI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ATI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ATI is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.
PE vs Market: ATI is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATI is overvalued based on its PB Ratio (1x) compared to the CA Oil and Gas industry average (0.8x).
How is Altai Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Altai Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Altai Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Altai Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Altai Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATI is currently unprofitable.
Growing Profit Margin: ATI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ATI is unprofitable, but has reduced losses over the past 5 years at a rate of 94.3% per year.
Accelerating Growth: Unable to compare ATI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ATI is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.9%).
Return on Equity
High ROE: ATI has a negative Return on Equity (-2.57%), as it is currently unprofitable.
How is Altai Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ATI's short term assets (CA$3.3M) exceed its short term liabilities (CA$37.7K).
Long Term Liabilities: ATI's short term assets (CA$3.3M) exceed its long term liabilities (CA$214.3K).
Debt to Equity History and Analysis
Debt Level: ATI is debt free.
Reducing Debt: ATI has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ATI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ATI has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 23.1% each year
What is Altai Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ATI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATI's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Dr. Niyazi Kacira, Ph.D., P.Eng., MBA, FGAC, has been President at Altai Resources Inc. since May 23, 2012. Dr. Kacira served as Chief Executive Officer and President of Altai Resources Inc. and also serve ...
|Chairman & President||8.42yrs||no data||18.03% |
|CFO, Secretary||2.17yrs||CA$54.00k||3.68% |
|Independent Director||7.33yrs||no data||0.036% |
|Independent Director||7.25yrs||no data||no data|
|Independent Director||8.33yrs||no data||no data|
Experienced Board: ATI's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Altai Resources Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Altai Resources Inc.
- Ticker: ATI
- Exchange: TSXV
- Founded: 1955
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$4.203m
- Shares outstanding: 56.03m
- Website: https://www.altairesources.com
- Altai Resources Inc.
- Two Morneau Shepell Centre
- Suite 900
- M3C 1W3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ATI||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Apr 1988|
|ARSE.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 1988|
|1IA||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Apr 1988|
Altai Resources Inc. operates as a natural resource exploration and development company in Canada. The company explores for oil and gas, and gold properties. It owns a 100% interest in the Sorel-Trois Rivi ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/27 00:56|
|End of Day Share Price||2020/10/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.