Altima Resources Stock Today
| ARH Stock | CAD 0.17 0.01 6.25% |
Performance3 of 100
| Odds Of DistressOver 84
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Altima Resources is selling for under 0.17 as of the 15th of December 2024; that is 6.25 percent increase since the beginning of the trading day. The stock's lowest day price was 0.14. Altima Resources has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 15th of November 2024 and ending today, the 15th of December 2024. Click here to learn more.
Business Domain Energy |
Altima Resources Ltd., a junior energy company, engages in the acquisition, exploration, and development of petroleum and natural gas properties. Altima Resources Ltd was incorporated in 2003 and is headquartered in Vancouver, Canada. ALTIMA RESOURCES operates under Oil Gas EP classification in Exotistan and is traded on Commodity Exchange.. The company has 56.87 M outstanding shares of which 4.36 K shares are presently shorted by private and institutional investors with about 0.26 days to cover all short positions. More on Altima Resources
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Altima 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. Altima Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Altima Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Joe DeVries | ||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | ||||
Altima Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Altima Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsAltima Resources 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 Altima Resources' financial leverage. It provides some insight into what part of Altima Resources' total assets is financed by creditors.
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Altima Resources (ARH) is traded on TSX Venture Exchange in Canada and employs 6 people. Altima Resources is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.67 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altima Resources's market, we take the total number of its shares issued and multiply it by Altima Resources'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. Altima Resources classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 56.87 M outstanding shares of which 4.36 K shares are presently shorted by private and institutional investors with about 0.26 days to cover all short positions.
Altima Resources has accumulated about 59.37 K in cash with (178.98 K) of positive cash flow from operations.
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Ownership AllocationAltima Resources holds a total of 56.87 Million outstanding shares. Altima Resources shows 13.46 percent of its outstanding shares held by insiders and 0.0 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.
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Altima Resources Risk Profiles
Although Altima Resources' alpha and beta are two of the key measurements used to evaluate Altima Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 7.95 | |||
| Semi Deviation | 8.05 | |||
| Standard Deviation | 11.4 | |||
| Variance | 129.87 |
Altima Stock Against Markets
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Altima Resources Corporate Executives
Elected by the shareholders, the Altima Resources' board of directors comprises two types of representatives: Altima Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Altima. The board's role is to monitor Altima Resources' management team and ensure that shareholders' interests are well served. Altima Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Altima Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Richard Barnett | Chief Financial Officer, Secretary | Profile |
Additional Tools for Altima Stock Analysis
When running Altima Resources' price analysis, check to measure Altima Resources' 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 Altima Resources is operating at the current time. Most of Altima Resources' value examination focuses on studying past and present price action to predict the probability of Altima Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altima Resources' price. Additionally, you may evaluate how the addition of Altima Resources to your portfolios can decrease your overall portfolio volatility.