Altamira Gold Corp Stock EBITDA

ALTA Stock  CAD 0.12  0.01  7.69%   
Altamira Gold Corp fundamentals help investors to digest information that contributes to Altamira Gold's financial success or failures. It also enables traders to predict the movement of Altamira Stock. The fundamental analysis module provides a way to measure Altamira Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altamira Gold stock.
Last ReportedProjected for Next Year
EBITDA-1.7 M-1.6 M
EBITDA is likely to climb to about (1.6 M) in 2024.
  
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Altamira Gold Corp Company EBITDA Analysis

Altamira Gold's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Altamira Gold EBITDA

    
  (1.68 M)  
Most of Altamira Gold's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altamira Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Altamira EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Altamira Gold is extremely important. It helps to project a fair market value of Altamira Stock properly, considering its historical fundamentals such as EBITDA. Since Altamira Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Altamira Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Altamira Gold's interrelated accounts and indicators.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Altamira Ebitda

Ebitda

(1.59 Million)

Altamira Gold reported EBITDA of (1.68 Million) in 2023
According to the company disclosure, Altamira Gold Corp reported earnings before interest,tax, depreciation and amortization of (1.68 Million). This is 100.21% lower than that of the Metals & Mining sector and 100.43% lower than that of the Materials industry. The ebitda for all Canada stocks is 100.04% higher than that of the company.

Altamira EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altamira Gold's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altamira Gold could also be used in its relative valuation, which is a method of valuing Altamira Gold by comparing valuation metrics of similar companies.
Altamira Gold is currently under evaluation in ebitda category among its peers.

Altamira Fundamentals

About Altamira Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Altamira Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altamira Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altamira Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Altamira Stock Analysis

When running Altamira Gold's price analysis, check to measure Altamira Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altamira Gold is operating at the current time. Most of Altamira Gold's value examination focuses on studying past and present price action to predict the probability of Altamira Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altamira Gold's price. Additionally, you may evaluate how the addition of Altamira Gold to your portfolios can decrease your overall portfolio volatility.