Altamira Gold (TSXV:ALTA) - Stock Price, News & Analysis

ALTA Stock Overview

Engages in the acquisition, exploration, development, and mining of mineral properties in Brazil and Canada. More details

ALTA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 5.4% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$30M)

+ 1 more risk

Altamira Gold Corp. Competitors

Kobo Resources

TSXV:KRI

CA$32.2m

TriStar Gold

TSXV:TSG

CA$30.8m

Provenance Gold

CNSX:PAU

CA$31.9m

Ramp Metals

TSXV:RAMP

CA$28.8m

Price History & Performance

Summary of all time highs, changes and price drops for Altamira Gold
Historical stock prices
Current Share Price	CA$0.13
52 Week High	CA$0.19
52 Week Low	CA$0.085
Beta	0.85
11 Month Change	-19.35%
3 Month Change	4.17%
1 Year Change	-10.71%
33 Year Change	-44.44%
5 Year Change	127.27%
Change since IPO	-80.77%

Will Altamira Gold (CVE:ALTA) Spend Its Cash Wisely?

Oct 23

Recent updates

Shareholder Returns

	ALTA	CA Metals and Mining	CA Market
7D	-3.8%	5.3%	0.7%
1Y	-10.7%	30.0%	21.7%

Return vs Industry: ALTA underperformed the Canadian Metals and Mining industry which returned 29.8% over the past year.

Return vs Market: ALTA underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is ALTA's price volatile compared to industry and market?
ALTA volatility
ALTA Average Weekly Movement	16.1%
Metals and Mining Industry Average Movement	10.5%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: ALTA's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: ALTA's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Mike Bennett	www.altamiragold.com

Altamira Gold Corp. engages in the acquisition, exploration, development, and mining of mineral properties in Brazil and Canada. It. primarily explores for gold, copper, and silver deposits. Altamira Gold Corp. is headquartered in Vancouver, Canada.

Altamira Gold Corp. Fundamentals Summary

How do Altamira Gold's earnings and revenue compare to its market cap?
ALTA fundamental statistics
Market cap	CA$29.68m
Earnings (TTM)	-CA$2.08m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-12.7x

P/E Ratio

Is ALTA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALTA income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$2.08m
Earnings	-CA$2.08m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0098
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did ALTA perform over the long term?

See historical performance and comparison

ALTA Stock Overview

Risk Analysis

Altamira Gold Corp. Competitors

TSXV:KRI

CA$32.2m

TSXV:TSG

CA$30.8m

CNSX:PAU

CA$31.9m

TSXV:RAMP

CA$28.8m

Price History & Performance

Recent News & Updates

Will Altamira Gold (CVE:ALTA) Spend Its Cash Wisely?

Altamira Gold Corp. Defines Gold-In-Soil Anomaly At Mombaque Target, Expanding the Cajueiro Porphyry System

Altamira Gold Corp. Announces the Discovery of Newly Discovered Outcrops of Porphyry Rocks Within the Cajueiro Project Area

Altamira Gold Corp., Annual General Meeting, Oct 10, 2024

New major risk - Financial position

New major risk - Revenue and earnings growth

Recent updates

Will Altamira Gold (CVE:ALTA) Spend Its Cash Wisely?

Altamira Gold Corp. Defines Gold-In-Soil Anomaly At Mombaque Target, Expanding the Cajueiro Porphyry System

Altamira Gold Corp. Announces the Discovery of Newly Discovered Outcrops of Porphyry Rocks Within the Cajueiro Project Area

Altamira Gold Corp., Annual General Meeting, Oct 10, 2024

New major risk - Financial position

New major risk - Revenue and earnings growth

New minor risk - Share price stability

We're Not Very Worried About Altamira Gold's (CVE:ALTA) Cash Burn Rate

Altamira Gold Corp. Adds Second Diamond Drill Rig at Maria Bonita Discovery, Cajueiro Project, Brazil

New minor risk - Shareholder dilution

Altamira Gold Corp. announced that it has received CAD 5.941175 million in funding from Crescat Portfolio Management LLC, Aura Minerals Inc.

Altamira Gold Corp. announced that it expects to receive CAD 2.5 million in funding

Altamira Gold Corp., Annual General Meeting, Dec 07, 2023

New major risk - Share price stability

We're Keeping An Eye On Altamira Gold's (CVE:ALTA) Cash Burn Rate

Here's Why We're Watching Altamira Gold's (CVE:ALTA) Cash Burn Situation

Altamira Gold Drills 69m at 1.0 g/t Gold and 71m at 0.6 g/t Gold in Step-Out Drillholes at the Maria Bonita Target, Confirming the Discovery of a Significant Gold Mineralized System at the Cajueiro Project, Brazil

Altamira Gold Corp. Receives Assay Results from Two Additional Diamond Drill Holes

Here's Why We're Watching Altamira Gold's (CVE:ALTA) Cash Burn Situation

Altamira Gold Corp., Annual General Meeting, Nov 23, 2022

Altamira Gold Corp Announces New Gold Discovery At the Maria Bonita Target, Cajueiro Project, Brazil

Altamira Gold Commences Drilling at Maria Bonita Target and Receives Initial Results from Drilling at the Cajueiro Gold Deposit

Altamira Gold Corp. Identifies Second Significant Copper Anomaly At the Santa Helena Project

Companies Like Altamira Gold (CVE:ALTA) Are In A Position To Invest In Growth

Altamira Gold Provides Drilling Update on 3 Main Project Areas: Cajueiro, Apiacas and Santa Helena

President recently sold CA$143k worth of stock

President recently sold CA$168k worth of stock

Altamira Gold Corp. Confirms Porphyry-Style Mineralization in First Three Drillholes at Santa Helena Project

Independent Director recently sold CA$51k worth of stock

Altamira Gold Commences Drilling At the Mutum Target, Apiacas Project

Altamira Gold Corp Announces Results Induced Polarization Survey over the Mutum Gold Target at Apiacas Gold Project in Brazil

Altamira Gold Corp. Completes 11 Lines of the Induced Polarization Survey over the Mutum Gold Target at its Apiacas Gold Project in Brazil

President exercised options to buy CA$256k worth of stock.

President recently sold CA$102k worth of stock

Altamira Gold Corp. Confirms Presence of Four High-Grade Vein Structures At Mutum Target, Apiacas Project, Brazil

New 90-day high: CA$0.28

Altamira Gold Corp. announced that it has received CAD 4 million in funding from Crescat Portfolio Management LLC and other investors

New 90-day high: CA$0.27

Altamira Gold Corp. announced that it expects to receive CAD 3.7 million in funding

Mineracao do Para Ltda completed the acquisition of Crepori Project in Para, Brazil from Altamira Gold Corp. (TSXV:ALTA).

New 90-day high: CA$0.24

Altamira Identifies Major Gold-In-Soil Anomaly At Maria Bonita Target, Cajueiro Gold Project, Brazil

New 90-day high: CA$0.21

Altamira Gold Corp Announces Definitive Gold Forward Purchase Agreement with Metalstream Ltd

Altamira Gold Corp. Auditor Raises 'Going Concern' Doubt

Shareholder Returns

Price Volatility

About the Company

Altamira Gold Corp. Fundamentals Summary

0.0x

-12.7x

Earnings & Revenue