Altamira Gold Corp (ALTA) - Net Assets
Based on the latest financial reports, Altamira Gold Corp (ALTA) has net assets worth CA$32.73 Million CAD (≈ $23.68 Million USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$33.31 Million ≈ $24.09 Million USD) and total liabilities (CA$572.08K ≈ $413.83K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how large is Altamira Gold Corp's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$32.73 Million |
| % of Total Assets | 98.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | 69.17% |
| 10-Year Change | 135.44% |
| Growth Volatility | 129.36 |
Altamira Gold Corp - Net Assets Trend (2002–2026)
This chart illustrates how Altamira Gold Corp's net assets have evolved over time, based on quarterly financial data. Check Altamira Gold Corp (ALTA) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Altamira Gold Corp (2002–2026)
The table below shows the annual net assets of Altamira Gold Corp from 2002 to 2026. For live valuation and market cap data, see Altamira Gold Corp (ALTA) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-02-28 | CA$32.73 Million ≈ $23.68 Million |
+52.54% |
| 2025-02-28 | CA$21.46 Million ≈ $15.52 Million |
-11.48% |
| 2024-02-29 | CA$24.24 Million ≈ $17.54 Million |
+28.98% |
| 2023-02-28 | CA$18.80 Million ≈ $13.60 Million |
-2.86% |
| 2022-02-28 | CA$19.35 Million ≈ $14.00 Million |
+28.91% |
| 2021-02-28 | CA$15.01 Million ≈ $10.86 Million |
+23.50% |
| 2020-02-29 | CA$12.15 Million ≈ $8.79 Million |
+6.22% |
| 2019-02-28 | CA$11.44 Million ≈ $8.28 Million |
-2.09% |
| 2018-02-28 | CA$11.69 Million ≈ $8.45 Million |
-15.94% |
| 2017-02-28 | CA$13.90 Million ≈ $10.06 Million |
+331.09% |
| 2016-02-29 | CA$3.23 Million ≈ $2.33 Million |
+477.45% |
| 2015-12-31 | CA$558.52K ≈ $404.03K |
-73.42% |
| 2015-02-28 | CA$2.10 Million ≈ $1.52 Million |
+23.81% |
| 2014-02-28 | CA$1.70 Million ≈ $1.23 Million |
-18.38% |
| 2013-02-28 | CA$2.08 Million ≈ $1.50 Million |
-19.60% |
| 2012-02-29 | CA$2.59 Million ≈ $1.87 Million |
+214.60% |
| 2011-02-28 | CA$822.20K ≈ $594.76K |
+169.44% |
| 2010-02-28 | CA$305.15K ≈ $220.74K |
-70.29% |
| 2009-02-28 | CA$1.03 Million ≈ $743.01K |
+27.05% |
| 2008-02-29 | CA$808.42K ≈ $584.80K |
+46.79% |
| 2007-02-28 | CA$550.74K ≈ $398.40K |
-34.68% |
| 2006-02-28 | CA$843.17K ≈ $609.93K |
+90.52% |
| 2005-02-28 | CA$442.56K ≈ $320.14K |
+488.88% |
| 2004-02-29 | CA$-113.81K ≈ $-82.32K |
+66.71% |
| 2003-02-28 | CA$-341.89K ≈ $-247.32K |
-26.63% |
| 2002-02-28 | CA$-270.00K ≈ $-195.31K |
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Equity Component Analysis
This analysis shows how different components contribute to Altamira Gold Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3429377700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$70.08 Million | 214.10% |
| Total Equity | CA$32.73 Million | 100.00% |
Altamira Gold Corp Competitors by Market Cap
The table below lists competitors of Altamira Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Assems Inc.
KQ:136410
|
$33.27 Million |
|
Mega Matrix Corp.
NYSE MKT:MPU
|
$33.27 Million |
|
Hep Tech Co Ltd
TWO:3609
|
$33.28 Million |
|
ORTOMA AB B
F:82Y
|
$33.29 Million |
|
Nordic Iron Ore
ST:NIO
|
$33.25 Million |
|
Apex Equity Holdings Bhd
KLSE:5088
|
$33.24 Million |
|
Maven Wireless Sweden AB
ST:MAVEN
|
$33.24 Million |
|
Glacier Media Inc.
TO:GVC
|
$33.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altamira Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 21,459,728 to 32,733,873, a change of 11,274,145 (52.5%).
- Net loss of 1,803,100 reduced equity.
- New share issuances of 5,198,118 increased equity.
- Other factors increased equity by 7,879,127.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.80 Million | -5.51% |
| Share Issuances | CA$5.20 Million | +15.88% |
| Other Changes | CA$7.88 Million | +24.07% |
| Total Change | CA$- | 52.54% |
Book Value vs Market Value Analysis
This analysis compares Altamira Gold Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-02-28 | CA$-92.78 | CA$0.16 | x |
| 2003-02-28 | CA$-57.70 | CA$0.16 | x |
| 2004-02-29 | CA$-5.62 | CA$0.16 | x |
| 2005-02-28 | CA$6.91 | CA$0.16 | x |
| 2006-02-28 | CA$8.89 | CA$0.16 | x |
| 2007-02-28 | CA$3.43 | CA$0.16 | x |
| 2008-02-29 | CA$3.44 | CA$0.16 | x |
| 2009-02-28 | CA$2.99 | CA$0.16 | x |
| 2010-02-28 | CA$0.61 | CA$0.16 | x |
| 2011-02-28 | CA$0.99 | CA$0.16 | x |
| 2012-02-29 | CA$1.86 | CA$0.16 | x |
| 2013-02-28 | CA$1.22 | CA$0.16 | x |
| 2014-02-28 | CA$1.00 | CA$0.16 | x |
| 2015-02-28 | CA$1.09 | CA$0.16 | x |
| 2016-02-29 | CA$0.59 | CA$0.16 | x |
| 2017-02-28 | CA$0.69 | CA$0.16 | x |
| 2018-02-28 | CA$0.29 | CA$0.16 | x |
| 2019-02-28 | CA$0.21 | CA$0.16 | x |
| 2020-02-29 | CA$0.18 | CA$0.16 | x |
| 2021-02-28 | CA$0.15 | CA$0.16 | x |
| 2022-02-28 | CA$0.14 | CA$0.16 | x |
| 2023-02-28 | CA$0.11 | CA$0.16 | x |
| 2024-02-29 | CA$0.14 | CA$0.16 | x |
| 2025-02-28 | CA$0.10 | CA$0.16 | x |
| 2026-02-28 | CA$0.11 | CA$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altamira Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-5.51%) is above the historical average (-72.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | -2481.07% | 0.46x | 0.00x | CA$-1.35 Million |
| 2003 | 0.00% | -392.45% | 3.39x | 0.00x | CA$-225.09K |
| 2004 | 0.00% | -6193.80% | 0.03x | 0.00x | CA$-808.49K |
| 2005 | -125.54% | -1666.20% | 0.05x | 1.44x | CA$-599.85K |
| 2006 | -85.09% | -748.26% | 0.07x | 1.54x | CA$-801.73K |
| 2007 | -608.20% | -839.50% | 0.36x | 2.02x | CA$-3.40 Million |
| 2008 | -88.14% | -195.38% | 0.26x | 1.70x | CA$-793.39K |
| 2009 | -73.57% | -339.22% | 0.13x | 1.64x | CA$-858.42K |
| 2010 | -342.52% | -2017.72% | 0.11x | 1.51x | CA$-1.08 Million |
| 2011 | -78.33% | 0.00% | 0.00x | 1.24x | CA$-726.24K |
| 2012 | -43.05% | 0.00% | 0.00x | 1.10x | CA$-1.37 Million |
| 2013 | -24.45% | 0.00% | 0.00x | 1.07x | CA$-716.49K |
| 2014 | -35.22% | 0.00% | 0.00x | 1.08x | CA$-767.48K |
| 2015 | -30.39% | 0.00% | 0.00x | 1.03x | CA$-848.81K |
| 2015 | -96.27% | 0.00% | 0.00x | 1.18x | CA$-634.22K |
| 2016 | -116.98% | 0.00% | 0.00x | 1.10x | CA$-4.10 Million |
| 2017 | -14.28% | 0.00% | 0.00x | 1.06x | CA$-3.38 Million |
| 2018 | -43.34% | 0.00% | 0.00x | 1.04x | CA$-6.23 Million |
| 2019 | -9.87% | 0.00% | 0.00x | 1.03x | CA$-2.27 Million |
| 2020 | -9.13% | 0.00% | 0.00x | 1.05x | CA$-2.33 Million |
| 2021 | -10.64% | 0.00% | 0.00x | 1.03x | CA$-3.10 Million |
| 2022 | -8.18% | 0.00% | 0.00x | 1.02x | CA$-3.52 Million |
| 2023 | -9.47% | 0.00% | 0.00x | 1.04x | CA$-3.66 Million |
| 2024 | -6.73% | 0.00% | 0.00x | 1.03x | CA$-4.06 Million |
| 2025 | -7.16% | 0.00% | 0.00x | 1.01x | CA$-3.68 Million |
| 2026 | -5.51% | 0.00% | 0.00x | 1.02x | CA$-5.08 Million |
Industry Comparison
This section compares Altamira Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,501,772,363
- Average return on equity (ROE) among peers: -23.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altamira Gold Corp (ALTA) | CA$32.73 Million | 0.00% | 0.02x | $33.26 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $2.59 Billion |
| Abcourt Mines Inc. (ABI) | $542.08K | -7.78% | 0.16x | $60.24 Million |
| Barrick Gold Corp (ABX) | $12.86 Billion | -22.60% | 1.63x | $59.47 Billion |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $127.56 Million |
| Agnico Eagle Mines Limited (AEM) | $127.14 Million | 11.88% | 1.22x | $69.33 Billion |
| Alamos Gold Inc (AGI) | $74.89 Million | -5.04% | 0.01x | $12.03 Billion |
| AIS Resources Ltd (AIS) | $4.96 Million | -17.19% | 0.24x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.96 Million |
| Almaden Minerals Ltd (AMM) | $27.26 Million | -3.85% | 0.03x | $24.82 Million |
About Altamira Gold Corp
Altamira Gold Corp., a junior exploration company, engages in the acquisition, exploration, development, and mining of mineral properties. It primarily explores for gold and copper deposits. The company holds a portfolio of mineral projects in Brazil. Altamira Gold Corp. is headquartered in Vancouver, Canada.