ALTA Stock | | | CAD 0.17 0.04 30.77% |
CFO
Soraia Morais is CFO Secretary of Altamira Gold Corp
Address | 409 Granville Street, Vancouver, BC, Canada, V6C 1T2 |
Phone | 604-676-5661 |
Web | https://www.altamiragold.com |
Altamira Gold Management Efficiency
The company has return on total asset
(ROA) of
(0.0648) % which means that it has lost $0.0648 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.1024) %, meaning that it generated substantial loss on money invested by shareholders. Altamira Gold's management efficiency ratios could be used to measure how well Altamira Gold manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to drop to -0.07 in 2024.
Return On Capital Employed is likely to climb to -0.06 in 2024. At this time, Altamira Gold's
Non Current Assets Total are fairly stable compared to the past year.
Non Currrent Assets Other is likely to climb to about 19.8
M in 2024, whereas
Total Current Assets are likely to drop slightly above 21.9
K in 2024.
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.
Similar Executives
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. 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.
Management Performance
Altamira Stock Performance Indicators
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Additional Tools for Altamira Stock Analysis
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