Altamira Gold Corp. (EQTRF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Altamira Gold Corp. (EQTRF) trades at $0.14 with AI Score 42/100 (Grade C). Altamira Gold Corp. is a Canadian company focused on the acquisition, exploration, and development of gold properties in Brazil. Market cap: $40.20M, Sector: Basic materials.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for EQTRF: EQTRF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates EQTRF against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
EQTRF: the 1 perspectives are evenly split.
How is this calculated? →Altamira Gold Corp. (EQTRF) Materials & Commodity Exposure
Altamira Gold Corp. is a Canadian-based gold exploration company focused on acquiring and developing mineral properties in Brazil's Juruena gold belt. With a focus on the Cajueiro Project, the company seeks to capitalize on the region's gold deposits amidst a competitive landscape of other exploration and mining companies.
What Is the Investment Thesis for EQTRF?
Altamira Gold Corp. presents a speculative investment opportunity within the gold exploration sector. The company's focus on Brazilian gold properties, particularly the Cajueiro Project, offers potential upside if exploration efforts prove successful in delineating significant gold resources. Key value drivers include the discovery of economically viable gold deposits, successful resource estimation, and the ability to attract financing for project development. However, the company's negative P/E ratio of -25.63 reflects its current lack of profitability. The company's high beta of 1.41 indicates higher volatility compared to the overall market. The absence of a dividend yield further emphasizes the speculative nature of the investment, with returns dependent on capital appreciation.
Based on FMP financials and quantitative analysis
EQTRF Key Highlights
- Altamira Gold Corp. focuses on gold exploration and development in Brazil.
- The company's primary project is the Cajueiro Project, covering approximately 28,557 hectares.
- As of June 8, 2021, the company held interests in 8 projects comprising approximately 190,000 hectares.
- The company's P/E ratio is -25.63, reflecting its current lack of profitability.
- The company's beta is 1.41, indicating higher volatility compared to the overall market.
Who Are EQTRF's Competitors?
EQTRF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ANKOF Angkor Resources Corp. | $0.22 | +1.89% | $45.60M | 45 |
| AUXXF A2 Gold Corp. | $0.53 | +7.22% | $38.76M | 45 |
| ENDGF Endurance Gold Corporation | $0.32 | +3.29% | $64.05M | 45 |
| FMANF Freeman Gold Corp. | $0.26 | +3.17% | $65.46M | 45 |
| FTBYF Fortune Bay Corp. | $0.50 | +12.19% | $34.88M | 44 |
| WPM Wheaton Precious Metals Corp. | $115.28 | -0.38% | $52.35B | 69 |
| ORLA Orla Mining Ltd. | $10.17 | -0.10% | $3.82B | 69 |
| OR OR Royalties Inc. | $30.82 | -1.97% | $5.78B | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EQTRF's Key Strengths?
- Focus on a prolific gold belt in Brazil.
- Significant land position in the Juruena belt.
- Experienced management team.
- Potential for significant gold discoveries.
What Are EQTRF's Weaknesses?
- Early-stage exploration company with no current revenue.
- Dependence on financing to fund exploration activities.
- High-risk exploration activities.
- Negative P/E ratio indicates unprofitability.
What Could Drive EQTRF Stock Higher?
- Exploration results from the Cajueiro Project could reveal significant gold resources.
- Potential strategic partnerships with larger mining companies could provide funding and expertise.
- Rising gold prices could enhance the economic viability of Altamira's projects.
- Acquisition of new mineral properties could expand the company's resource base.
What Are the Key Risks for EQTRF?
- Negative return on equity (-6.4%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Fluctuations in gold prices could impact the company's profitability and valuation.
- Political and economic instability in Brazil could disrupt operations.
- Environmental regulations and permitting challenges could delay project development.
- Competition from other gold exploration companies could limit the company's growth potential.
- The company's reliance on external financing makes it vulnerable to capital market conditions.
What Are the Growth Opportunities for EQTRF?
- Expansion of Cajueiro Project: Altamira Gold Corp. has the opportunity to expand the Cajueiro Project through additional land acquisitions and exploration activities. The Alta Floresta belt is known for its gold mineralization, and further exploration could lead to the discovery of new gold deposits. Successful expansion could significantly increase the company's resource base and enhance the project's economic viability. The timeline for expansion depends on the availability of funding and the results of exploration programs. The market size for gold exploration in the region is substantial, with potential for significant returns on investment.
- Advancement of Other Projects: Altamira Gold Corp. holds interests in several other projects within the Juruena gold belt. These projects represent additional growth opportunities for the company. Advancing these projects through exploration and resource definition could lead to the discovery of new gold resources and diversify the company's asset base. The timeline for advancement depends on the availability of funding and the results of exploration programs. The market size for gold exploration in the region is substantial, with potential for significant returns on investment.
- Strategic Partnerships: Altamira Gold Corp. could pursue strategic partnerships with larger mining companies to accelerate the development of its projects. Partnering with a major mining company could provide access to funding, technical expertise, and infrastructure. This could significantly reduce the company's risk and accelerate the timeline for project development. The market for strategic partnerships in the gold mining industry is active, with potential for mutually beneficial collaborations.
- Capitalizing on Rising Gold Prices: Altamira Gold Corp. stands to benefit from rising gold prices. Higher gold prices would increase the economic viability of its projects and enhance the company's attractiveness to investors. The global gold market is influenced by macroeconomic factors, geopolitical events, and investor sentiment. A sustained increase in gold prices could significantly boost the company's value.
- Acquisition of New Properties: Altamira Gold Corp. could pursue the acquisition of new gold properties in Brazil or other regions. Acquiring new properties with promising exploration potential could expand the company's resource base and create new growth opportunities. The timeline for acquisitions depends on the availability of funding and the identification of suitable targets. The market for gold property acquisitions is competitive, with potential for significant returns on investment.
What Opportunities Does EQTRF Have?
- Expansion of existing projects through exploration.
- Acquisition of new mineral properties.
- Strategic partnerships with larger mining companies.
- Benefit from rising gold prices.
What Threats Does EQTRF Face?
- Fluctuations in gold prices.
- Political and economic instability in Brazil.
- Environmental regulations and permitting challenges.
- Competition from other gold exploration companies.
What Are EQTRF's Competitive Advantages?
- Geographic focus on the Juruena gold belt in Brazil.
- Early-stage access to potentially valuable mineral resources.
- Proprietary geological data and exploration expertise.
What Does EQTRF Do?
Altamira Gold Corp., formerly Equitas Resources Corp., was incorporated in 1994 and changed its name in April 2017. Headquartered in Vancouver, Canada, the company is dedicated to the acquisition, exploration, development, and potential mining of mineral properties within Brazil. Altamira's core business revolves around identifying and exploring gold deposits, primarily within the prolific Juruena gold belt. As of June 8, 2021, Altamira held interests in 8 projects, encompassing approximately 190,000 hectares. The company's flagship asset is the Cajueiro Project, a substantial land package of approximately 28,557 hectares situated in the Alta Floresta belt, known for its gold mineralization. Altamira aims to advance its projects through exploration and resource definition, with the ultimate goal of developing economically viable gold mines. The company operates in a competitive environment, facing competition from other gold exploration and mining companies operating in Brazil.
What Products and Services Does EQTRF Offer?
- Acquires mineral properties in Brazil.
- Explores for gold deposits.
- Develops mineral projects.
- Potentially mines gold deposits.
- Focuses on the Juruena gold belt.
- Manages the Cajueiro Project.
How Does EQTRF Make Money?
- Acquires mineral rights and exploration licenses.
- Conducts exploration activities to identify gold deposits.
- Seeks to define and quantify gold resources.
- Aims to develop economically viable gold mines.
What Industry Does EQTRF Operate In?
Altamira Gold Corp. operates within the gold exploration and mining industry, a sector characterized by high risk and high potential reward. The industry is influenced by global gold prices, geopolitical factors, and environmental regulations. The demand for gold is driven by its use in jewelry, investment, and industrial applications. The competitive landscape includes major gold producers, mid-tier mining companies, and junior exploration companies. Altamira, as a junior exploration company, faces the challenge of securing funding and advancing its projects through the exploration and development stages. The company's success depends on its ability to discover and define economically viable gold resources in Brazil.
Who Are EQTRF's Key Customers?
- Not applicable as an exploration company; potential future customers would be gold purchasers.
Company Profile
Altamira Gold Corp. operates in the Gold industry within the Basic Materials sector. It is headquartered in Vancouver, CA. The company is led by CEO Michael J. Bennett. EQTRF has traded publicly since 2014.
F-Score 2/9Financial Health
Altamira Gold Corp.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 64.77 places it in the safe zone, indicating low near-term bankruptcy risk.
ROE -6%Key Financial Metrics
Return on equity for Altamira Gold Corp. stands at -6.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -5.4%, showing how much profit it generates from its asset base. Its free cash flow yield is -2.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 13.35 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -2.7%, the inverse of the P/E and a quick read on earnings relative to price.
EQTRF Valuation & Market Position
With a $40.20M market cap, Altamira Gold Corp. sits in the micro-cap segment of the market. Relative to its peer group, EQTRF's quantitative score of 42/100 is roughly in line with the peer average of 45/100.
EQTRF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2026
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests those in the know see value, a classic bullish signal.
- The community seems to be buzzing about potential new projects, indicating positive expectations for growth.
- Market perception appears to be shifting towards recognizing the company's strategic land positions.
- There's a growing narrative that Altamira is undervalued compared to its peers in similar jurisdictions.
Bear Case
- Insider activity, while present, might not reflect overall business health; could be isolated events.
- Community sentiment can be fickle; hype doesn't always translate to real gains, remember GameStop?
- Market perception can be swayed by short-term trends, not necessarily long-term fundamentals.
- Concerns are surfacing about the company's ability to secure necessary permits for expansion, a potential roadblock.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
EQTRF Latest News
No recent news available for EQTRF.
EQTRF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for EQTRF.
Price Targets
Wall Street price target analysis for EQTRF.
EQTRF MoonshotScore
What does this score mean?
The MoonshotScore rates EQTRF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Michael J. Bennett
CEO
Michael J. Bennett serves as the CEO of Altamira Gold Corp. His background includes extensive experience in the resource sector, with a focus on exploration and project development. He has held various leadership positions in junior mining companies, overseeing exploration programs and resource estimation. His expertise lies in identifying and evaluating mineral properties with high potential for economic development. He has a strong understanding of the Brazilian mining industry and regulatory environment.
Track Record: Under Michael Bennett's leadership, Altamira Gold Corp. has focused on advancing its exploration projects in Brazil, particularly the Cajueiro Project. He has overseen exploration programs aimed at delineating gold resources and attracting investment. A key milestone has been the expansion of the company's land position in the Juruena gold belt. His strategic decisions have focused on maximizing the potential of the company's assets and creating value for shareholders.
EQTRF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Altamira Gold Corp. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and may not be subject to the same level of regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries a higher degree of risk due to the potential for limited information and liquidity.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited liquidity and trading volume.
- Less stringent reporting requirements.
- Potential for price manipulation.
- Higher risk of fraud or scams.
- Limited access to company information.
- Verify the company's registration and regulatory filings.
- Review the company's financial statements, if available.
- Assess the company's management team and their experience.
- Research the company's business model and competitive landscape.
- Evaluate the company's risk factors and potential liabilities.
- Consult with a financial advisor before investing.
- Understand the risks associated with OTC investing.
- Company's history and track record.
- Presence of a reputable management team.
- Existence of tangible assets or projects.
- Positive news coverage or industry recognition.
- Engagement with shareholders and the investment community.
EQTRF Basic Materials Stock FAQ
What does Altamira Gold Corp. do?
Altamira Gold Corp. is a Canadian company focused on acquiring, exploring, and developing gold properties in Brazil. The company's primary focus is the Cajueiro Project, located in the Alta Floresta belt, known for its gold mineralization. Altamira aims to identify and quantify gold resources through exploration activities, with the long-term goal of developing economically viable gold mines. The company operates in the high-risk, high-reward gold exploration sector, seeking to create value through successful discoveries and project development.
What do analysts say about EQTRF stock?
As of 2026-03-16, formal analyst ratings for Altamira Gold Corp. (EQTRF) are unavailable. Given its status as an OTC-listed, early-stage exploration company, coverage by major research firms is limited. Investors should focus on monitoring the company's exploration results, financial position, and news releases to assess its prospects. Key metrics to watch include exploration expenditures, resource estimates, and any potential financing or partnership announcements. The speculative nature of the stock warrants caution and thorough due diligence.
What are the main risks for EQTRF?
Altamira Gold Corp. faces several risks inherent to the gold exploration industry and its specific operating environment. Fluctuations in gold prices can significantly impact the economic viability of its projects. Political and economic instability in Brazil, where the company's assets are located, poses a risk to operations and investment. Environmental regulations and permitting challenges could delay or impede project development. As a junior exploration company, Altamira relies on external financing, making it vulnerable to capital market conditions. The OTC listing adds liquidity and transparency risks.
What are the key factors to evaluate for EQTRF?
Altamira Gold Corp. (EQTRF) holds an AI score of 42/100 (low). Not financial advice.
How frequently does EQTRF data refresh on this page?
EQTRF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven EQTRF's recent stock price performance?
Altamira Gold Corp. (EQTRF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Focus on a prolific gold belt in Brazil. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider EQTRF overvalued or undervalued right now?
Valuing Altamira Gold Corp. (EQTRF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying EQTRF?
Before investing in Altamira Gold Corp. (EQTRF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2026-03-16.
- OTC market data may be limited or delayed.