Altamira Gold Corp Stock Today

ALTA Stock  CAD 0.16  0.01  5.88%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 38

 
High
 
Low
Below Average
Altamira Gold is selling for under 0.16 as of the 3rd of December 2024; that is 5.88% down since the beginning of the trading day. The stock's lowest day price was 0.14. Altamira Gold has about a 38 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for Altamira Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of December 2022 and ending today, the 3rd of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Altamira Gold Corp. engages in the acquisition, exploration, development, and mining of mineral properties in Brazil. Altamira Gold Corp. was incorporated in 1994 and is headquartered in Vancouver, Canada. ALTAMIRA GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.. The company has 211.98 M outstanding shares of which 15.01 K shares are presently shorted by private and institutional investors with about 0.09 days to cover all short positions. More on Altamira Gold Corp

Moving together with Altamira Stock

  0.81AG First Majestic SilverPairCorr
  0.82IE Ivanhoe EnergyPairCorr
  0.71NVDA NVIDIA CDRPairCorr

Moving against Altamira Stock

  0.31INFM Infinico Metals CorpPairCorr

Altamira Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Altamira Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Altamira Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Altamira Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Altamira Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Altamira Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Altamira Gold's financial leverage. It provides some insight into what part of Altamira Gold's total assets is financed by creditors.
Liquidity
Altamira Gold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Altamira Gold Corp has accumulated 39.48 K in total debt. Altamira Gold Corp has a current ratio of 4.55, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Altamira Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Altamira Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Altamira Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altamira to invest in growth at high rates of return. When we think about Altamira Gold's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

298,000
Altamira Gold Corp (ALTA) is traded on TSX Venture Exchange in Canada and employs 1 people. Altamira Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 32.86 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altamira Gold's market, we take the total number of its shares issued and multiply it by Altamira Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Altamira Gold Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 211.98 M outstanding shares of which 15.01 K shares are presently shorted by private and institutional investors with about 0.09 days to cover all short positions. Altamira Gold Corp has accumulated about 778.05 K in cash with (1.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Altamira Gold Probability Of Bankruptcy
Ownership Allocation
Altamira Gold holds a total of 211.98 Million outstanding shares. Altamira Gold Corp shows 19.16 percent of its outstanding shares held by insiders and 15.11 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Altamira Ownership Details

Altamira Gold Corp Risk Profiles

Although Altamira Gold's alpha and beta are two of the key measurements used to evaluate Altamira Gold's performance over the market, the standard measures of volatility play an important role as well.

Altamira Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Altamira Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio File Import Now

   

Portfolio File Import

Quickly import all of your third-party portfolios from your local drive in csv format
All  Next Launch Module

Altamira Gold Corporate Executives

Elected by the shareholders, the Altamira Gold's board of directors comprises two types of representatives: Altamira Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Altamira. The board's role is to monitor Altamira Gold's management team and ensure that shareholders' interests are well served. Altamira Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Altamira Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Altamira Stock Analysis

When running Altamira Gold's price analysis, check to measure Altamira Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altamira Gold is operating at the current time. Most of Altamira Gold's value examination focuses on studying past and present price action to predict the probability of Altamira Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altamira Gold's price. Additionally, you may evaluate how the addition of Altamira Gold to your portfolios can decrease your overall portfolio volatility.