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1 Comment
Delta Resources Limited is currently in a long term downtrend where the price is trading 2.5% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Delta Resources Limited's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 26.6% to $-821K since the same quarter in the previous year.
Finally, its free cash flow fell by 16.5% to $-501K since the same quarter in the previous year.
Based on the above factors, Delta Resources Limited gets an overall score of 1/5.
Industry | Gold |
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Sector | Basic Materials |
ISIN | CA24780P1009 |
CurrencyCode | CAD |
Exchange | V |
Beta | 2.44 |
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Dividend Yield | 0.0% |
Target Price | None |
PE Ratio | None |
Market Cap | 32M |
Delta Resources Limited, an exploration company, engages in the acquisition, exploration, and development of gold and base metal projects in Canada. It has an agreement to acquire a 100% interest in the Delta-1/Eureka project, which consists of 245 mining claims totaling an area of 4,495 hectares located in the Thunder Bay district of Ontario; and the Delta-2 project comprising 237 claims covering an area of 12,650 hectares located in the Chibougamau Mining district of Quebec. The company also holds an option agreement to acquire the Dollier property that consists of 40 claims covering an area of 2,228 hectares located in Chibougamau, Quebec. The company was formerly known as Golden Hope Mines Limited and changed its name to Delta Resources Limited in July 2019. Delta Resources Limited was incorporated in 1946 and is based in Kingston, Canada.
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