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Home CompaniesAltima Resources Ltd

Altima Resources Ltd

Energy Oil & Gas E&P
PortfolioPortfolio WatchlistWatchlist
Company price
0.47 CAD 0.00(0%)
Last update at 2026-11-03T14:30:00Z
Market Cap
26.78M

Momentum Score

…

Altima Energy Inc., a junior energy company, engages in the acquisition, exploration and development of petroleum and natural gas in Canada. The company focuses on acquiring undervalued oil and gas assets; and exploiting existing low risk high return asset enhancement. It holds interests in light gravity oil and liquid rich high impact gas targets. The company was formerly known as Altima Resources Ltd and changed its name to Altima Energy Inc. in December 2024. Altima Energy Inc. was incorporated in 2003 and is headquartered in Vancouver, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.47
Low
0.47
High
52 Week Price Range
0.12
Low
1.55
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Altima Resources Ltd (ARH.V) is limited; filings indicate it is a junior mineral exploration company advancing early-stage projects. Long-term growth may depend on positive exploration results, higher commodity prices and the ability to secure financing or farm-out partnerships, which could make the company attractive to investors seeking leveraged exposure to resource discoveries.
Principal risks include high exploration and execution risk, ongoing financing and dilution needs, commodity price volatility and low liquidity typical of TSX Venture-listed juniors.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.47
Dividend Yield
-
Revenue TTM
3.34M
Revenue Per Share
0.06
Gross Profit TTM
0.96M
Debt / Equity
-
ROE
-
Net Debt
1.82M
ROCE
35.76%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Type yearly yearly yearly yearly yearly
Date 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Income before tax -2.04M -0.27M - -0.27M -1.07M
Net income -2.04M -0.27M - -0.27M -1.07M
Selling general administrative 0.39M 1.07M - 0.82M 0.43M
Gross profit -0.53M -0.68M - -0.57M -0.06M
Reconciled depreciation 0.63M 0.24M - 0.16M 0.06M
Ebit - -1.45M -1.21M -0.86M -0.84M
Ebitda - 0.20M - 0.02M -0.95M
Operating income -1.99M -0.38M - -1.71M -0.51M
Other operating expenses - 0.10M 0.34M 0.32M 0.00M
Interest expense 0.08M 0.23M - 0.13M 0.07M
Interest income - - - - 0.00M
Net interest income -0.08M -0.23M - -0.13M -0.07M
Total revenue 2.94M 1.48M - 0.60M 0.09M
Total operating expenses 4.93M 1.86M - 2.31M 0.60M
Cost of revenue 3.47M 2.16M - 1.17M 0.15M
Total other income expense net 0.02M 0.34M - 1.57M -0.49M
Net income from continuing ops -2.04M -0.27M - -0.27M -1.07M
Net income applicable to common shares - -0.27M -1.36M -0.27M -1.07M
Breakdown 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Type yearly yearly yearly yearly yearly
Date 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Total assets 6.45M 5.15M 5.63M 6.38M 0.18M
Total liab 16.28M 13.11M 14.10M 10.12M 3.65M
Total stockholder equity -9.83M -7.96M -8.47M -3.74M -3.47M
Other current liab -0.00M - - 1.69M 0.04M
Common stock - 29.95M 29.17M 29.17M 29.17M
Capital stock 29.95M 29.95M 29.17M 29.17M 29.17M
Retained earnings -41.76M -39.71M -36.07M -34.71M -34.44M
Other liab - 2.90M 2.41M 2.08M 0.22M
Other assets - - -0.00M - 0.14M
Cash 0.24M 0.07M 0.14M 0.07M 0.02M
Total current liabilities 12.02M 10.21M 8.36M 7.38M 3.43M
Net debt 1.82M 1.97M 1.94M 1.51M -
Short term debt - - - - 0.01M
Short long term debt 2.00M 2.04M 2.08M 0.91M 0.01M
Other stockholder equity - 1.80M 1.79M 1.79M 1.79M
Property plant equipment - 4.56M 5.28M 5.50M 0.00M
Total current assets 1.07M 0.58M 1.19M 0.88M 0.04M
Net tangible assets - -7.96M -5.10M -3.74M -3.47M
Net receivables 0.64M 0.31M 1.00M 0.66M 0.02M
Long term debt 0.06M - - 0.66M -
Accounts payable 6.58M 5.59M 5.51M 4.64M 2.10M
Non currrent assets other - - - - 0.14M
Non current assets total 5.38M 4.56M 4.83M 5.50M 0.14M
Breakdown 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Type yearly yearly yearly yearly yearly
Date 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Investments 0.00M -0.00M -0.00M -0.00M -0.19M
Change to liabilities - 0.45M 0.26M 0.62M 0.09M
Total cashflows from investing activities - -0.11M -0.00M 0.01M -0.19M
Net borrowings -0.27M 0.13M 0.18M 0.14M 0.04M
Total cash from financing activities -0.27M 0.89M 0.18M 0.14M 0.04M
Change to operating activities - -0.15M 0.59M 0.41M 0.58M
Net income -2.04M -0.27M -1.36M -0.27M -1.07M
Change in cash 0.17M -0.07M -0.03M 0.05M 0.02M
Begin period cash flow 0.07M 0.14M 0.07M 0.02M 0.00M
End period cash flow 0.24M 0.07M 0.14M 0.07M 0.02M
Total cash from operating activities -0.18M -0.85M -0.21M -0.09M 0.17M
Issuance of capital stock 0.00M 0.76M - - -
Depreciation - 0.57M 0.56M -0.06M 0.41M
Other cashflows from investing activities - - - - -0.19M
Change to account receivables - 0.05M -0.34M -0.13M 0.03M
Other cashflows from financing activities - - - - 0.03M
Change to netincome - -1.50M 0.07M -0.66M 0.14M
Capital expenditures 0.52M 0.11M 0.00M 0.00M 0.00M
Change in working capital 0.87M 0.35M - 0.89M 0.70M
Stock based compensation 0.18M - - - -
Other non cash items 0.14M -1.28M - -0.49M 0.00M
Free cash flow -0.70M -0.95M - -0.10M 0.17M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ARH
Altima Resources Ltd		 -
-%		 0.47 - - 8.02 - 9.01 22.82
LGN
Logan Energy Corp		 0.01
1.01%		 1.50 15.00 14.99 3.80 1.96 3.98 5.87
RECO
Reconnaissance Energy Africa Ltd		 -0.02
3.85%		 0.50 - - 10.07 2.29 11.64 -7.57
CEI
Benchmark Metals Inc		 0.01
0.75%		 0.68 - 27.03 23.27 2.66 20.42 1369.65
EOG
Eco Atlantic Oil & Gas Ltd		 0.02
2.56%		 0.80 - 1.05 145.60 16.68 158.20 -25.23

Profile*

Altima Resources Ltd

Altima Energy Inc., a junior energy company, engages in the acquisition, exploration and development of petroleum and natural gas in Canada. The company focuses on acquiring undervalued oil and gas assets; and exploiting existing low risk high return asset enhancement. It holds interests in light gravity oil and liquid rich high impact gas targets. The company was formerly known as Altima Resources Ltd and changed its name to Altima Energy Inc. in December 2024. Altima Energy Inc. was incorporated in 2003 and is headquartered in Vancouver, Canada.

Box 4, Vancouver, BC, Canada, V6C 2T5

604-336-8610

https://www.altimaenergy.com

Name Title Year Born
Mr. Joe Edward Robin DeVries Pres, CEO & Director 1960
Mr. Richard Barnett CPA, CGA, CPA CFO, Sec. & Director 1958
Mr. Joe Edward Robin DeVries President, CEO & Director 1960
Mr. Joe Edward Robin DeVries Interim President, CEO & Director 1960
Mr. Richard Barnett CPA, CGA, CPA CFO, Secretary & Director 1958
Mr. Richard Barnett CPA, CGA CFO, Secretary & Director 1958

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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