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Altai Resources

DB:1IA
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1IA
DB
CA$4M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Altai Resources Inc. operates as a natural resource exploration and development company in Canada. The last earnings update was 47 days ago. More info.


Add to Portfolio Compare Print
  • Altai Resources has significant price volatility in the past 3 months.
1IA Share Price and Events
7 Day Returns
-7.8%
DB:1IA
4.6%
DE Oil and Gas
-0.4%
DE Market
1 Year Returns
-22.9%
DB:1IA
18.3%
DE Oil and Gas
-6.2%
DE Market
1IA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Altai Resources (1IA) -7.8% 0.3% -24.3% -22.9% - -
DE Oil and Gas 4.6% 2.7% 13.4% 18.3% 27.3% 70.5%
DE Market -0.4% 0.7% 1.8% -6.2% 13.9% 7.5%
1 Year Return vs Industry and Market
  • 1IA underperformed the Oil and Gas industry which returned 18.3% over the past year.
  • 1IA underperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
1IA
Industry
5yr Volatility vs Market

Value

 Is Altai Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Altai Resources. This is due to cash flow or dividend data being unavailable. The share price is €0.0401.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Altai Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Altai Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1IA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$0.00
TSXV:ATI Share Price ** TSXV (2019-06-26) in CAD CA$0.07
Germany Oil and Gas Industry PE Ratio Median Figure of 5 Publicly-Listed Oil and Gas Companies 8.91x
Germany Market PE Ratio Median Figure of 425 Publicly-Listed Companies 19.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Altai Resources.

DB:1IA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:ATI Share Price ÷ EPS (both in CAD)

= 0.07 ÷ 0.00

-19.82x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altai Resources is loss making, we can't compare its value to the DE Oil and Gas industry average.
  • Altai Resources is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Altai Resources's expected growth come at a high price?
Raw Data
DB:1IA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -19.82x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 58 Publicly-Listed Oil and Gas Companies 0.85x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Altai Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Altai Resources's assets?
Raw Data
DB:1IA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$0.09
TSXV:ATI Share Price * TSXV (2019-06-26) in CAD CA$0.07
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.27x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.8x
DB:1IA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:ATI Share Price ÷ Book Value per Share (both in CAD)

= 0.07 ÷ 0.09

0.81x

* Primary Listing of Altai Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altai Resources is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Altai Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Altai Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Altai Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Altai Resources expected to grow at an attractive rate?
  • Unable to compare Altai Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Altai Resources's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Altai Resources's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:1IA Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -4.2%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:1IA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1IA Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 0 0 0
2018-12-31 0 0 0
2018-09-30 0 0 0
2018-06-30 0 0 0
2018-03-31 0 0 0
2017-12-31 0 0 0
2017-09-30 0 0 0
2017-06-30 0 0 0
2017-03-31 0 0 0
2016-12-31 0 0 0
2016-09-30 0 0 0
2016-06-30 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Altai Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Altai Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:1IA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Altai Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1IA Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 0.00
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Altai Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Altai Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Altai Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Altai Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Altai Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Altai Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Altai Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Altai Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Altai Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Altai Resources's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Altai Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Altai Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1IA Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 0.24 -0.20 0.30
2018-12-31 0.25 -0.20 0.31
2018-09-30 0.26 -0.17 0.28
2018-06-30 0.25 -0.14 0.26
2018-03-31 0.24 -0.16 0.24
2017-12-31 0.25 -0.13 0.23
2017-09-30 0.26 -0.12 0.22
2017-06-30 0.26 -0.07 0.17
2017-03-31 0.27 -0.05 0.18
2016-12-31 0.24 -0.08 0.19
2016-09-30 0.22 -0.07 0.19
2016-06-30 0.21 -0.06 0.19
2016-03-31 0.19 -0.05 0.19
2015-12-31 0.18 -0.03 0.18
2015-09-30 0.19 -14.74 0.14
2015-06-30 0.19 -14.74 0.16
2015-03-31 0.20 -14.75 0.16
2014-12-31 0.23 -14.76 0.18
2014-09-30 0.23 -0.31 0.47
2014-06-30 0.23 -0.50 0.64
2014-03-31 0.23 -0.57 0.72
2013-12-31 0.22 -0.60 0.72
2013-09-30 0.26 -0.20 0.57
2013-06-30 0.21 -0.05 0.41
2013-03-31 0.15 -0.03 0.38
2012-12-31 0.10 -0.06 0.41
2012-09-30 -10.10 0.37
2012-06-30 -10.10 0.39

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Altai Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Altai Resources has efficiently used its assets last year compared to the DE Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Altai Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Altai Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Altai Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Altai Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Altai Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Altai Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Altai Resources's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Altai Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Altai Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Altai Resources Company Filings, last reported 2 months ago.

DB:1IA Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 4.82 0.00 3.73
2018-12-31 4.64 0.00 3.54
2018-09-30 4.89 0.00 3.74
2018-06-30 4.88 0.00 3.71
2018-03-31 4.86 0.00 3.69
2017-12-31 4.94 0.00 3.77
2017-09-30 4.90 0.00 3.70
2017-06-30 4.89 0.00 3.66
2017-03-31 4.97 0.00 3.75
2016-12-31 4.92 0.00 3.67
2016-09-30 4.86 0.00 3.58
2016-06-30 4.82 0.00 3.51
2016-03-31 7.52 0.00 6.19
2015-12-31 7.42 0.00 6.04
2015-09-30 7.42 0.00 6.03
2015-06-30 7.50 0.00 6.06
2015-03-31 7.54 0.00 6.12
2014-12-31 7.60 0.00 6.15
2014-09-30 22.30 0.00 6.33
2014-06-30 22.27 0.00 6.23
2014-03-31 22.24 0.00 6.20
2013-12-31 22.21 0.00 6.19
2013-09-30 22.42 0.00 6.19
2013-06-30 22.57 0.00 6.18
2013-03-31 22.73 0.00 6.33
2012-12-31 22.71 0.00 6.31
2012-09-30 22.58 0.00 6.90
2012-06-30 22.56 0.00 6.83
  • Altai Resources has no debt.
  • Altai Resources has not taken on any debt in the 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.

  • Altai Resources has sufficient cash runway for more than 3 years based on current free cash flow.
  • Altai Resources has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 105.9% each year.
X
Financial health checks
We assess Altai Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Altai Resources has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Altai Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Altai Resources dividends.
If you bought €2,000 of Altai Resources shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Altai Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Altai Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:1IA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 58 Stocks 5.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Altai Resources has not reported any payouts.
  • Unable to verify if Altai Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Altai Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Altai Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Altai Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Altai Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Altai Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Altai Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Niyazi Kacira
COMPENSATION CA$13,000
TENURE AS CEO 7.1 years
CEO Bio

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 served as its Secretary since April 5, 2007. He has been the Chairman of Altai Resources Inc., since October 2010 and its a Director since February 5, 1987.

CEO Compensation
  • Insufficient data for Niyazi to compare compensation growth.
  • Niyazi's remuneration is lower than average for companies of similar size in Germany.
Management Team

Niyazi Kacira

TITLE
Chairman & President
COMPENSATION
CA$13K
TENURE
7.1 yrs

Maria Au

TITLE
CFO, Secretary
COMPENSATION
CA$54K
Board of Directors Tenure

Average tenure of the Altai Resources board of directors in years:

6
Average Tenure
  • The tenure for the Altai Resources board of directors is about average.
Board of Directors

Niyazi Kacira

TITLE
Chairman & President
COMPENSATION
CA$13K
TENURE
8.7 yrs

Maria Au

TITLE
CFO, Secretary
COMPENSATION
CA$54K
TENURE
0.8 yrs

Mehmet Taner

TITLE
Director
TENURE
7 yrs

Jeff Ackert

TITLE
Director
AGE
60
TENURE
6 yrs

Raymond Savoie

TITLE
Director
AGE
72
TENURE
5.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
06. Feb 19 Buy Maria Au Individual 05. Feb 19 05. Feb 19 8,000 €0.07 €517
08. Aug 18 Buy Maria Au Individual 07. Aug 18 07. Aug 18 25,000 €0.05 €1,325
01. Aug 18 Buy Maria Au Individual 01. Aug 18 01. Aug 18 15,000 €0.06 €840
X
Management checks
We assess Altai Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Altai Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

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 Rivieres natural gas property comprising five oil and gas and reservoir licences covering an area of 68,483 hectares located in St. Lawrence Lowlands, Quebec; and a 45% interest in the Cessford oil property covering an area of 240 acres located in the Cessford area of Central Alberta, as well as a 50% joint venture interest in the Malartic gold property that consists of six claims covering an area of 127.6 hectares located in the Val d’Or area of Quebec. Altai Resources Inc. was founded in 1955 and is headquartered in Toronto, Canada.

Details
Name: Altai Resources Inc.
1IA
Exchange: DB
Founded: 1955
CA$2,625,996
56,033,552
Website: http://www.altairesources.com
Address: Altai Resources Inc.
2550 Victoria Park Avenue,
Suite 738,
Toronto,
Ontario, M2J 5A9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ATI Common Shares TSX Venture Exchange CA CAD 14. Apr 1988
OTCPK ARSE.F Common Shares Pink Sheets LLC US USD 14. Apr 1988
DB 1IA Common Shares Deutsche Boerse AG DE EUR 14. Apr 1988
Number of employees
Current staff
Staff numbers
0
Altai Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 22:44
End of day share price update: 2019/06/26 00:00
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.