ARSE.F Stock Overview

Operates as a natural resource exploration and development company in Canada. More details

ARSE.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 42.7% below our estimate of its fair value

Earnings grew by 0.2% over the past year

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap ($4M)

Makes less than USD$1m in revenue (CA$204K)

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Altai Resources Inc. Competitors

Altex Industries

OTCPK:ALTX

US$2.7m

Marine Petroleum Trust

NasdaqCM:MARP.S

US$7.6m

Mesa Royalty Trust

NYSE:MTR

US$11.9m

ECA Marcellus Trust I

OTCPK:ECTM

US$7.3m

Price History & Performance

Summary of share price highs, lows and changes for Altai Resources
Historical stock prices
Current Share Price	CA$0.04
52 Week High	CA$0.045
52 Week Low	CA$0.03
Beta	1.36
1 Month Change	0%
3 Month Change	n/a
1 Year Change	60.00%
3 Year Change	-54.39%
5 Year Change	100.00%
Change since IPO	-52.44%

Recent updates

Shareholder Returns

	ARSE.F	US Oil and Gas	US Market
7D	0%	-3.1%	-2.7%
1Y	60.0%	2.7%	23.4%

Return vs Industry: ARSE.F exceeded the US Oil and Gas industry which returned 2.7% over the past year.

Return vs Market: ARSE.F exceeded the US Market which returned 23.4% over the past year.

Price Volatility

Is ARSE.F's price volatile compared to industry and market?
ARSE.F volatility
ARSE.F Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	5.4%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	3.2%

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

Volatility Over Time: Insufficient data to determine ARSE.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1955	n/a	n/a	www.altairesources.com

Altai Resources Inc. operates as a natural resource exploration and development company in Canada. The company explores for oil and natural gas, and gold properties. It holds a 50% interest in the Malartic gold property which consists of six map designated claims covering an area of 127.6 hectares located in the Malartic Township, Val d’Or area, Quebec; and a 50% interest in the Cessford oil property covering an area of 240 acres located in the Cessford area of Southern Alberta.

Altai Resources Inc. Fundamentals Summary

How do Altai Resources's earnings and revenue compare to its market cap?
ARSE.F fundamental statistics
Market cap	US$2.59m
Earnings (TTM)	US$32.78k
Revenue (TTM)	US$141.62k

79.0x

P/E Ratio

18.3x

P/S Ratio

Is ARSE.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARSE.F income statement (TTM)
Revenue	CA$203.52k
Cost of Revenue	CA$64.70k
Gross Profit	CA$138.82k
Other Expenses	CA$91.71k
Earnings	CA$47.11k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.00082
Gross Margin	68.21%
Net Profit Margin	23.15%
Debt/Equity Ratio	0%

How did ARSE.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 05:54
End of Day Share Price	2024/10/28 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Altai Resources Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution