Altamira Gold Corp Stock Net Income
| ALTA Stock | CAD 0.12 0.01 9.09% |
Altamira Gold Corp fundamentals help investors to digest information that contributes to Altamira Gold's financial success or failures. It also enables traders to predict the movement of Altamira Stock. The fundamental analysis module provides a way to measure Altamira Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altamira Gold stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -1.6 M | -574.5 K | |
| Net Loss | -1.6 M | -795.4 K | |
| Net Loss | -574.5 K | -603.3 K | |
| Net Loss | (0.01) | (0.01) | |
| Net Income Per E B T | 0.90 | 0.73 |
Altamira | Net Income |
Altamira Gold Corp Company Net Income Analysis
Altamira Gold's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Altamira Gold Net Income | (1.63 M) |
Most of Altamira Gold's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altamira Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Altamira Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Altamira Gold is extremely important. It helps to project a fair market value of Altamira Stock properly, considering its historical fundamentals such as Net Income. Since Altamira Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Altamira Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Altamira Gold's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Altamira Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Altamira Gold Corp reported net income of (1.63 Million). This is 86.43% lower than that of the Metals & Mining sector and 98.82% lower than that of the Materials industry. The net income for all Canada stocks is 100.29% higher than that of the company.
Altamira Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altamira Gold's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altamira Gold could also be used in its relative valuation, which is a method of valuing Altamira Gold by comparing valuation metrics of similar companies.Altamira Gold is currently under evaluation in net income category among its peers.
Altamira Fundamentals
| Return On Equity | -0.1 | ||||
| Return On Asset | -0.0648 | ||||
| Current Valuation | 23.28 M | ||||
| Shares Outstanding | 211.98 M | ||||
| Shares Owned By Insiders | 19.16 % | ||||
| Shares Owned By Institutions | 15.11 % | ||||
| Number Of Shares Shorted | 6.56 K | ||||
| Price To Book | 1.17 X | ||||
| EBITDA | (1.68 M) | ||||
| Net Income | (1.63 M) | ||||
| Cash And Equivalents | 778.05 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 39.48 K | ||||
| Current Ratio | 4.64 X | ||||
| Book Value Per Share | 0.10 X | ||||
| Cash Flow From Operations | (1.07 M) | ||||
| Short Ratio | 0.37 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Beta | 0.85 | ||||
| Market Capitalization | 25.44 M | ||||
| Total Asset | 24.96 M | ||||
| Retained Earnings | (34.01 M) | ||||
| Working Capital | 4.16 M | ||||
| Net Asset | 24.96 M |
About Altamira Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altamira Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altamira Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altamira Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.