Altamira Gold Corp Stock Analysis

Altamira Stock Analysis Notes

About 19.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.22. Some equities with similar Price to Book (P/B) outperform the market in the long run. Altamira Gold Corp recorded a loss per share of 0.02. The entity last dividend was issued on the 3rd of January 2017. The firm had 1:10 split on the 3rd of January 2017. 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. For more info on Altamira Gold Corp please contact the company at 604-676-5661 or go to https://www.altamiragold.com.

Altamira Gold Corp Investment Alerts

Altamira Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 28.62 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 Profitablity

Management Efficiency

Altamira Gold Corp 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.

Technical Drivers

As of the 28th of November, Altamira Gold shows the Mean Deviation of 4.13, risk adjusted performance of 0.0755, and Downside Deviation of 8.87. Altamira Gold Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Altamira Gold Corp information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Altamira Gold Corp is priced correctly, providing market reflects its regular price of 0.14 per share.

Altamira Gold Corp Price Movement Analysis

Altamira Gold Outstanding Bonds

Altamira Gold Predictive Daily Indicators

Altamira Gold Forecast Models

Altamira Gold's time-series forecasting models are one of many Altamira Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Altamira Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Altamira Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Altamira shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Altamira Gold. By using and applying Altamira Stock analysis, traders can create a robust methodology for identifying Altamira entry and exit points for their positions.

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.