How does DLTA's PB Ratio compare to its peers?

DLTA is expensive based on its Price-To-Book Ratio (7.5x) compared to the peer average (2.2x).

How does DLTA's PB Ratio compare vs other companies in the CA Metals and Mining Industry?

DLTA is expensive based on its Price-To-Book Ratio (7.5x) compared to the Canadian Metals and Mining industry average (1.4x).

What is DLTA's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate DLTA's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of DLTA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate DLTA's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Delta Resources (TSXV:DLTA) - Stock Price, News & Analysis

DLTA Stock Overview

An exploration company, engages in the acquisition, exploration, and development of gold and base metal projects in Canada. More details

DLTA fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 46.8% per year over past 5 years

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

Shareholders have been diluted in the past year

Does not have a meaningful market cap (CA$17M)

Delta Resources Limited Competitors

Atico Mining

TSXV:ATY

CA$15.8m

Stakeholder Gold

TSXV:SRC

CA$16.9m

Pampa Metals

CNSX:PM

CA$17.0m

Electric Royalties

TSXV:ELEC

CA$17.5m

Price History & Performance

Summary of all time highs, changes and price drops for Delta Resources
Historical stock prices
Current Share Price	CA$0.13
52 Week High	CA$0.22
52 Week Low	CA$0.09
Beta	2.57
11 Month Change	-7.14%
3 Month Change	18.18%
1 Year Change	36.84%
33 Year Change	-54.39%
5 Year Change	-40.91%
Change since IPO	-99.51%

Recent updates

Shareholder Returns

	DLTA	CA Metals and Mining	CA Market
7D	4.0%	6.6%	2.2%
1Y	36.8%	32.2%	23.4%

Return vs Industry: DLTA exceeded the Canadian Metals and Mining industry which returned 32.2% over the past year.

Return vs Market: DLTA exceeded the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is DLTA's price volatile compared to industry and market?
DLTA volatility
DLTA Average Weekly Movement	10.9%
Metals and Mining Industry Average Movement	10.4%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: DLTA has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: DLTA's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1946	n/a	Andre Tessier	www.deltaresources.ca

Delta Resources Limited, an exploration company, engages in the acquisition, exploration, and development of gold and base metal projects in Canada. Its flagship project is the 100% owned Delta-1 Gold Property, which consists of 1523 claims covering 306 square kilometers located in the Thunder Bay district of Ontario. The company was formerly known as Golden Hope Mines Limited and changed its name to Delta Resources Limited in July 2019.

Delta Resources Limited Fundamentals Summary

How do Delta Resources's earnings and revenue compare to its market cap?
DLTA fundamental statistics
Market cap	CA$17.14m
Earnings (TTM)	-CA$7.29m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.4x

P/E Ratio

Is DLTA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DLTA income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$7.29m
Earnings	-CA$7.29m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.055
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did DLTA perform over the long term?

See historical performance and comparison

DLTA Stock Overview

Risk Analysis

Delta Resources Limited Competitors

TSXV:ATY

CA$15.8m

TSXV:SRC

CA$16.9m

CNSX:PM

CA$17.0m

TSXV:ELEC

CA$17.5m

Price History & Performance

Recent News & Updates

Delta Resources Limited Announces the Addition of Ron Kopas to the Board of Directors

Chairman recently bought CA$70k worth of stock

Delta Resources Limited announced that it has received CAD 5 million in funding from Wealth Creation Preservation & Donation Inc. and another investor

Delta Resources Limited (TSXV:DLTA) completed the acquisition of Ternowesky property in Thunder Bay, Ontario.

Delta Resources Limited (TSXV:DLTA) agreed to acquire Ternowesky property in Thunder Bay, Ontario for CAD 0.27 million.

Delta Resources Limited, Annual General Meeting, Aug 28, 2024

Recent updates

Delta Resources Limited Announces the Addition of Ron Kopas to the Board of Directors

Chairman recently bought CA$70k worth of stock

Delta Resources Limited announced that it has received CAD 5 million in funding from Wealth Creation Preservation & Donation Inc. and another investor

Delta Resources Limited (TSXV:DLTA) completed the acquisition of Ternowesky property in Thunder Bay, Ontario.

Delta Resources Limited (TSXV:DLTA) agreed to acquire Ternowesky property in Thunder Bay, Ontario for CAD 0.27 million.

Delta Resources Limited, Annual General Meeting, Aug 28, 2024

New minor risk - Shareholder dilution

Delta Resources Limited (TSXV:DLTA) agreed to acquire 41 unpatented claims in Thunder Bay, Ontario from Ridge Resources Ltd. and 1544230 Ontario Inc. for CAD CAD 0.092 million.

New major risk - Financial position

Delta Resources Limited (TSXV:DLTA) completed the acquisition of 21 Claims at Delta-2 Property in Chibougamau, Quebec.

Delta Resources Limited Starts 2024 Drilling Program At Delta-1 in Thunder Bay, Ontario

Delta Resources Limited Provides 2023 Year in Review At Its Delta-1 Thunder Bay, Ontario Gold Project

New major risk - Share price stability

Delta Resources Limited Further Increases its Gold Inventory at Delta-1 with Intercepts of 2.27 G/T over 10 Metres and 2.20 G/T over 9 Metres, in Thunder Bay, Ontario

Delta Resources Limited Intersects 2.25 G/T Au over 27.8 Metres and Multiple New High-Grade Gold Zones At Depth, At Delta-1 in Thunder Bay, Ontario

New major risk - Market cap size

Delta Resources Limited Provides Initial Assay Results from Its Second Phase of Drilling At the Delta-1 Gold Project Located 50 Km West of Thunder Bay, Ontario

Less than half of directors are independent

Delta Resources Limited Appoints Justin Reid to Board of Directors

Delta Resources Limited Announces Start of a 20,000 Metre Drill Program and Mobilizes a Second Drill Rig at the Delta-1 Property, in Thunder Bay, Ontario

Delta Resources Limited, Annual General Meeting, Jun 27, 2023

Delta Resources Limited announced that it has received CAD 10.00017 million in funding

Delta Resources Limited Announces Final Assay Results from Drill Holes D1-22-24 and D1-22-25 At the Delta-1 Gold Project

Delta Resources Provides Exploration Update on the Delta-2 VMS Property in Chibougamau, Quebec and the Delta-1 Gold Property in Thunder Bay, Ontario

Delta Resources Limited announced that it has received CAD 0.45 million in funding from SIDEX L.L.P., Societe de Developpement de la Baie James and another investor

Delta Resources Limited Begins 2023 Drilling Program at Delta-1 in Thunder Bay, Ontario

Delta Resources Limited announced that it expects to receive CAD 2.5 million in funding

Delta Resources Limited Reports Visible Gold in Two Step-Out Drill Holes At Its Delta-1 Project in Thunder Bay, Ontario

Delta Resources Limited Announces Completion of A Follow-Up Drilling Program At the Eureka Gold Deposit

Delta Resources Limited Provides Results from Its 2022 Drilling Program At the Eureka Gold Deposit, 50 Kilometres West of Thunder Bay, Ontario

Newsfile Corp. Delta Resources Limited Resumes Drilling At the Delta-1 Gold Deposit in Thunder Bay, Ontario

Delta Resources Limited Updates its Shareholders on the Recently Completed Drill Campaign at the Delta-1 Property in Thunder Bay, Ontario

Delta Resources Limited Announces the Results from its 2022 Drilling Program at the Delta-2 VMS Property, Located 35 Kilometres Southeast of Chibougamau, Quebec

Delta Resources Begins Drilling in Thunder Bay, Ontario

Less than half of directors are independent

Delta Resources Limited, Annual General Meeting, Jun 30, 2022

Delta Resources Limited Confirms Gold-Bearing Structure over Two Kilometres and Provides Update on VMS Drilling

9412-1068 Quebec Inc. completed the acquisition of Gold Project in Quebec of Delta Resources Limited from from Delta Resources Limited (TSXV:DLTA).

Delta Resources Limited Return to the Field to Begin a Comprehensive Drilling Program At the Delta-2 VMS Property

Delta Resources Limited announced that it has received CAD 3.56445 million in funding

Delta Resources Limited announced that it has received CAD 3.363451 million in funding

Delta Resources Limited (TSXV:DLTA) acquired Additional Claims in Thunder Bay, Ontario and Contiguous to the Delta-1 Property for CAD 0.08 million.

Delta Resources Limited Announces Gravimetric Geophysical Survey at its Delta-2 VMS Property

Delta Resources Limited Announces Results from Till Sampling Survey at Delta-1 Property, 50 Kilometres West of Thunder Bay, Ontario

Delta Resources Limited Announces New Gold Discovery at Delta-2 Property in Chibougamau, Quebec

Delta Resources Limited announced that it has received CAD 0.3 million in funding from SIDEX, Societe de Developpement de la Baie James

Delta Resources Limited announced that it expects to receive CAD 0.3 million in funding

Delta Releases Drilling Plan to Test Its VMS Targets in Chibougamau, Quebec

Delta to Resume Drilling VMS Targets At Delta-2 Property in Chibougamau, Quebec. Provides Update of Phase I Drilling

Delta Resources Limited Sets to Drill VMS Targets in Chibougamau, Quebec

New 90-day high: CA$0.42

Delta Resources Limited Announces the Results from A Rock Channel Sampling Program Carried Out This Past Summer At Its Delta-2 Property in Chibougamau, Quebec

Delta Resources Limited announced that it has received CAD 1.558749 million in funding

Delta Resources Limited announced that it expects to receive CAD 1 million in funding