Delta Resources Past Earnings Performance

Past criteria checks 0/6

Delta Resources's earnings have been declining at an average annual rate of -46.8%, while the Metals and Mining industry saw earnings growing at 13.6% annually.

Key information

-46.8%

Earnings growth rate

-19.7%

EPS growth rate

Metals and Mining Industry Growth	29.2%
Revenue growth rate	n/a
Return on equity	-318.3%
Net Margin	n/a
Last Earnings Update	30 Jun 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Delta Resources makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:6GO1 Revenue, expenses and earnings (CAD Millions)
Date	Earnings	G+A Expenses
30 Jun 24	-7	8
31 Mar 24	-8	9
31 Dec 23	-7	8
30 Sep 23	-7	7
30 Jun 23	-5	5
31 Mar 23	-4	4
31 Dec 22	-4	4
30 Sep 22	-4	4
30 Jun 22	-3	4
31 Mar 22	-3	3
31 Dec 21	-2	2
30 Sep 21	-1	1
30 Jun 21	-2	2
31 Mar 21	-2	2
31 Dec 20	-2	2
30 Sep 20	-2	2
30 Jun 20	-1	1
31 Mar 20	-1	1
31 Dec 19	-1	1
30 Sep 19	0	0
30 Jun 19	0	0
31 Mar 19	0	0
31 Dec 18	0	0
30 Sep 18	-1	0
30 Jun 18	0	0
31 Mar 18	0	0
31 Dec 17	0	0
30 Sep 17	-1	1
30 Jun 17	-1	1
31 Mar 17	-1	1
31 Dec 16	-1	1
30 Sep 16	-1	0
30 Jun 16	-1	0
31 Mar 16	0	0
31 Dec 15	0	0
30 Sep 15	0	0
30 Jun 15	0	0
31 Mar 15	0	0
31 Dec 14	0	0
30 Sep 14	1	0
30 Jun 14	0	0
31 Mar 14	0	1

Quality Earnings: 6GO1 is currently unprofitable.

Growing Profit Margin: 6GO1 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 6GO1 is unprofitable, and losses have increased over the past 5 years at a rate of 46.8% per year.

Accelerating Growth: Unable to compare 6GO1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6GO1 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-11.4%).

Return on Equity

High ROE: 6GO1 has a negative Return on Equity (-318.32%), as it is currently unprofitable.

Delta Resources Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

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

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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