How does 6GO1's PB Ratio compare to its peers?

6GO1 is good value based on its Price-To-Book Ratio (7.5x) compared to the peer average (25.5x).

How does 6GO1's PB Ratio compare vs other companies in the European Metals and Mining Industry?

6GO1 is expensive based on its Price-To-Book Ratio (7.5x) compared to the European Metals and Mining industry average (0.9x).

What is 6GO1'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 6GO1's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of 6GO1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate 6GO1'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 (DB:6GO1) - Stock Price, News & Analysis

6GO1 Stock Overview

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

6GO1 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

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

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

Highly volatile share price over the past 3 months compared to the German market

Shareholders have been diluted in the past year

+ 1 more risk

Delta Resources Limited Competitors

IberAmerican Lithium

DB:W2C

€1.0m

Greenland Resources

DB:M0LY

€78.4m

Pasinex Resources

DB:PNX

€1.4m

Pearl Gold

DB:02P

€11.3m

Price History & Performance

Summary of all time highs, changes and price drops for Delta Resources
Historical stock prices
Current Share Price	CA$0.074
52 Week High	CA$0.14
52 Week Low	CA$0.046
Beta	2.57
11 Month Change	-13.45%
3 Month Change	26.50%
1 Year Change	52.58%
33 Year Change	n/a
5 Year Change	-41.73%
Change since IPO	-99.16%

Recent updates

Shareholder Returns

	6GO1	DE Metals and Mining	DE Market
7D	12.1%	1.3%	0.2%
1Y	52.6%	-26.6%	8.5%

Return vs Industry: 6GO1 exceeded the German Metals and Mining industry which returned -26.6% over the past year.

Return vs Market: 6GO1 exceeded the German Market which returned 8.5% over the past year.

Price Volatility

Is 6GO1's price volatile compared to industry and market?
6GO1 volatility
6GO1 Average Weekly Movement	22.0%
Metals and Mining Industry Average Movement	11.7%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: 6GO1's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: 6GO1's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of German stocks.

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?
6GO1 fundamental statistics
Market cap	€11.78m
Earnings (TTM)	-€5.01m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.4x

P/E Ratio

Is 6GO1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6GO1 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 6GO1 perform over the long term?

See historical performance and comparison

6GO1 Stock Overview

Risk Analysis

Delta Resources Limited Competitors

DB:W2C

€1.0m

DB:M0LY

€78.4m

DB:PNX

€1.4m

DB:02P

€11.3m

Price History & Performance

Recent News & Updates

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

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

Recent updates

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

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

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