Altai Resources Inc. operates as a natural resource exploration and development company in Canada. The company explores for oil and natural gas, and gold properties. It holds a 50% interest in the Malartic gold property which consists of six map designated claims covering an area of 127.6 hectares located in the Malartic Township, Val d'Or area, Quebec; and a 50% interest in the Cessford oil property covering an area of 240 acres located in the Cessford area of Southern Alberta. The company was incorporated in 1955 and is headquartered in Toronto, Canada.
Research context
Altai Resources Inc appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Energy
- Industry
- Oil & Gas E&P
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5 years, 6 months ago
Altai Resources Inc is currently in a long term uptrend where the price is trading 20.6% above its 200 day moving average.
From a valuation standpoint, the stock is 92.4% cheaper than other stocks from the Energy sector with a price to sales ratio of 37.0.
Altai Resources Inc's total revenue sank by 27.4% to $24K since the same quarter in the previous year.
Its net income has increased by 30.3% to $-30K since the same quarter in the previous year.
Finally, its free cash flow fell by 118.1% to $-5K since the same quarter in the previous year.
Based on the above factors, Altai Resources Inc gets an overall score of 3/5.