ALTIMA RESOURCES LTD. chart

Last update: 2021-02-11
Key statistics and financials
Revenue per share 0.05
Dividend & YieldN/AC$ (N/A)
Beta 1.52
Market capitalization 1.38M
Operating cash flow -176.66k
ESG Scores unknown

Company description

Altima Resources Ltd., a junior energy company, engages in the acquisition, exploration, and development of petroleum and natural gas properties. The company's exploration program is focused on conventional and resource based deeper multi-zone gas and gas condensate targets in Western Canada. Altima Resources Ltd was incorporated in 2003 and is headquartered in Vancouver, Canada.

Sector: Energy - Industry: Oil & Gas E&P

Financial data

Diluted earning per share

Financial Ratios
Quick Ratio0.12
Working Capital0.04
Return On Equity0.07
Debt To Equity-0.18
Fixed Asset Ratio-5.13
Fixed Interest Cover-6.61

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2017-11-30 2018-11-30 2019-11-30 2020-11-30
Change To Liabilities -25.08k 224.18k 86.53k 617.62k
Total Cashflows From Investing Activities 2.38M -50k -190k 5.73k
Net Borrowings -1.77M -75.62k 35k 139.44k
Total Cash From Financing Activities -1.79M -77.97k 35k 139.44k
Change To Operating Activities -169.24k 278.31k 583.46k 405.51k
Issuance Of Stock
Net Income 4.19M 989.24k -1.07M -267.34k
Change In Cash -14.31k 1.39k 17.28k 51.24k
Effect Of Exchange Rate
Total Cash From Operating Activities -600.97k 129.36k 172.28k -93.93k
Depreciation 150.86k 18.46k 405.89k -55.76k
Change To Account Receivables -78.69k -14.64k 28.6k -129.85k
Other Cashflows From Financing Activities -16.79k -2.34k 25k
Change To Netincome -4.67M -1.37M 142.5k -664.1k
Capital Expenditures -1.7k -1.7k -1.7k -1.7k

Income Statement 2017-11-30 2018-11-30 2019-11-30 2020-11-30
Research Development
Income Before Tax 4.19M 989.24k -1.07M -267.34k
Net Income 4.19M 989.24k -1.07M -267.34k
Selling General Administrative 391.82k 418.9k 403.84k 810.92k
Gross Profit 77.03k 60.68k -25.67k -105.47k
Ebit -502.25k -376.68k -835.39k -860.63k
Operating Income -502.25k -376.68k -835.39k -860.63k
Interest Expense -172.56k -1.74k -71.16k -130.22k
Income Tax Expense
Total Revenue 326.22k 321.76k 93.67k 596.77k
Cost Of Revenue 249.19k 261.08k 119.34k 702.24k
Total Other Income ExpenseNet 4.7M 1.37M -239.31k 593.29k
Net Income From Continuing Ops 4.19M 989.24k -1.07M -267.34k
Net Income Applicable To Common Shares 4.19M 989.24k -1.07M -267.34k

Balance Sheet Statement 2017-11-30 2018-11-30 2019-11-30 2020-11-30
Total Liabilities 7.16M 2.9M 3.65M 10.12M
Total Stockholder Equity -4.31M -2.4M -3.47M -3.74M
Other Current Liabilities 3.07M 42.5k 1.69M
Total Assets 2.85M 502.13k 175.82k 6.38M
Common Stock 28.25M 29.17M 29.17M 29.17M
Other Current Assets 16.79k
Retained Earnings -34.35M -33.36M -34.44M -34.71M
Treasury Stock 1.79M 1.79M 1.79M 1.79M
Cash 1.39k 18.67k 69.91k
Total Current Liabilities 7.07M 2.68M 3.43M 7.38M
Other Stockholder Equity 1.79M 1.79M 1.79M 1.79M
Property, Plant, and Equipment 296.2k 405k 2 5.5M
Total Current Assets 77.17k 47.13k 35.81k 880.55k
Net Tangible Assets -4.31M -2.4M -3.47M -3.74M
Net Receivables 60.38k 45.74k 17.14k 663.92k
Accounts Payable 2.06M 2.03M 2.1M 5.25M


Insider Transactions

Here are the insider transactions of stock shares related to ALTIMA RESOURCES LTD.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
G & O Energy Investments, Ltd.Acquisition or disposition in the public market at price 0.02 per share.D2019-12-30Director of Issuer31k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ALTIMA RESOURCES LTD.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ALTIMA RESOURCES LTD.

Here is the result of two systematic investment strategies applied to ALTIMA RESOURCES LTD.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ALTIMA RESOURCES LTD.

The following chart shows the equity curve of the two systematic investment strategies applied to ALTIMA RESOURCES LTD.:

ALTIMA RESOURCES LTD. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 89.36% on the backtest period.

Performance at glance

Performance

89.36 %

Latent gain

1787.2 C$

Invested capital

2000.0 C$

Annualized return

19.77 %
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Momentum strategy results on ALTIMA RESOURCES LTD.

This is the result of two momentum investment strategies applied to ALTIMA RESOURCES LTD.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ALTIMA RESOURCES LTD.

The following chart shows all the entries opened by the momentum investment system on ALTIMA RESOURCES LTD.:

ALTIMA RESOURCES LTD. momentum entries
  • The first momentum investment strategy would give 137.44% of return on ALTIMA RESOURCES LTD.. That represents 10308.01C$ of latent gain with 7499.94C$ of employed capital.
  • The second momentum investment strategy would give 243.7% of return on ALTIMA RESOURCES LTD.. That represents 10966.69C$ of latent gain with 4499.99C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

137.44 %

Latent gain

10308.01 C$

Invested capital

7499.94 C$

Annualized return

-4.76 %
Performance at glance (2Q Momentum)

Performance

243.7 %

Latent gain

10966.69 C$

Invested capital

4499.99 C$

Annualized return

60.32 %

Momentum equity curve on ALTIMA RESOURCES LTD.

The following chart shows the equity curve of the two momentum strategies applied to ALTIMA RESOURCES LTD.:

ALTIMA RESOURCES LTD. momentum equity

Note: the dividends potentially given by ALTIMA RESOURCES LTD. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ALTIMA RESOURCES LTD.

The following chart shows the employed capital evolution of the two momentum strategies on ALTIMA RESOURCES LTD. since the beginning:

ALTIMA RESOURCES LTD.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on ALTIMA RESOURCES LTD.

Buy the dip entry openings on ALTIMA RESOURCES LTD.

ALTIMA RESOURCES LTD.

The performance achieved by the robo-advisor on ALTIMA RESOURCES LTD. is -12.0%. That represents -150.0$ of latent gain with 1250.0C$ of employed capital. The following chart shows ALTIMA RESOURCES LTD. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ALTIMA RESOURCES LTD., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-12.0 %

Latent gain

-150.0 C$

Invested capital

1250.0 C$

Annualized return

-4.76 %

Equity curve of the strategy applied to ALTIMA RESOURCES LTD.

The following chart shows the result of the investment strategy applied to ALTIMA RESOURCES LTD.:

ALTIMA RESOURCES LTD.

Note: the dividends potentially given by ALTIMA RESOURCES LTD. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ALTIMA RESOURCES LTD.

The following chart shows the employed capital evolution since the beginning of the investment strategy on ALTIMA RESOURCES LTD.:

ALTIMA RESOURCES LTD.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ALTIMA RESOURCES LTD.

In this section, I will compare the three previous investment strategies applied to ALTIMA RESOURCES LTD..

Equity curve comparison on ALTIMA RESOURCES LTD.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ALTIMA RESOURCES LTD. investment strategy comparison

Employed capital comparison on ALTIMA RESOURCES LTD.

ALTIMA RESOURCES LTD. investment comparison

Performance comparison on ALTIMA RESOURCES LTD.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 89.36% 1787.2C$ 2000.0C$ 19.77%
Momentum 1 quarter 137.44% 10308.01C$ 7499.94C$ 32.11%
Momentum 2 quarters 243.7% 10966.69C$ 4499.99C$ 60.32%
Non-directional -12.0% -150.0C$ 1250.0C$ -4.76%
Annualized return comparison

Automatic investment

19.77 %

Momentum 1Q

60.32 %

Momentum 2Q

60.32 %

Non-directional

-4.76 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ALTIMA RESOURCES LTD.:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between ALTIMA RESOURCES LTD. and the other stocks. There may be false positives or some missing correlated stocks. If the price of ALTIMA RESOURCES LTD. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name ALTIMA RESOURCES LTD.
Country Canada
City Vancouver
Address 595 Howe Street
Phone 604 718 2800
Website www.altimaresources.com
FullTime employees
Industry Oil & Gas E&P
Sector Energy
Exchange XTSX
Ticker ARH.XTSX
Market www.tsx.com

ALTIMA RESOURCES LTD. ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown