Altamira Gold Corp.

Altamira Gold Corp.verified

ALTA.V

Price:

$0.1

Market Cap:

$21.20M

Altamira Gold Corp. engages in the acquisition, exploration, development, and mining of mineral properties in Brazil. Its primarily explores for gold deposits. It primarily holds interest in the Cajueiro project, covering an area of 24,076 hectares; the Apiacas project, which covers 80,231 hectares; and the Santa Helena project that covers 58,867 hectares in the Alta Floresta Gold Belt in Northern Mato Grosso, Brazil. The company was formerly known as Equitas Resources Corp. and changed its name to Altamira Gold Corp. in April 2017. Altamira Gold Corp. was incorporated in 1994 and is headquartered in Vancouver, Canada.[Read more]

Industry

Gold

IPO Date

1998-06-03

Stock Exchange

TSXV

Ticker

ALTA.V

The Current Ratio as of September 2024 (TTM) for Altamira Gold Corp. (ALTA.V) is 9.32

According to Altamira Gold Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 9.32. This represents a change of 35.22% compared to the average of 6.90 of the last 4 quarters.

Altamira Gold Corp. (ALTA.V) Historical Current Ratio (quarterly & annually)

How has ALTA.V Current Ratio performed in the past?

The mean historical Current Ratio of Altamira Gold Corp. over the last ten years is 5.95. The current 9.32 Current Ratio has changed 15.58% with respect to the historical average. Over the past ten years (40 quarters), ALTA.V's Current Ratio was at its highest in in the May 2021 quarter at 27.27. The Current Ratio was at its lowest in in the November 2014 quarter at 0.03.

Quarterly (TTM)
Annual

Average

5.95

Median

3.68

Minimum

0.80

Maximum

15.20

Altamira Gold Corp. (ALTA.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Altamira Gold Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.85%

Maximum Annual Current Ratio = 15.20

Minimum Annual Increase = -79.80%

Minimum Annual Current Ratio = 0.80

Quarterly (TTM)
Annual
YearCurrent RatioChange
20246.84122.86%
20233.07-79.80%
202215.206.14%
202114.32487.43%
20202.44206.31%
20190.80-79.74%
20183.9314.62%
20173.4314.29%
20163.00-53.48%
20156.441.85%

Altamira Gold Corp. (ALTA.V) Average Current Ratio

How has ALTA.V Current Ratio performed in the past?

The current Current Ratio of Altamira Gold Corp. (ALTA.V) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

8.37

5-year avg

8.37

10-year avg

5.95

Altamira Gold Corp. (ALTA.V) Current Ratio vs. Peers

How is ALTA.V’s Current Ratio compared to its peers?

Altamira Gold Corp.’s Current Ratio is greater than CMC Metals Ltd. (2.50), greater than GMV Minerals Inc. (4.55), less than Finlay Minerals Ltd. (39.91), less than Alianza Minerals Ltd. (0), greater than null (1.34),

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