Altai Resources Inc. (ARSEF) Stock

About Altai Resources Inc.

Altai Resources Inc. is a Canadian-based enterprise primarily focused on the exploration and development of natural resources. The company's activities specifically target crude oil, natural gas, and gold deposits. Its asset portfolio includes full ownership (100%) of the Sorel-Trois Rivieres natural gas property in Quebec's St. Lawrence Lowlands, which consists of five oil and gas exploitation and reservoir permits spanning 68,483 hectares. Additionally, Altai holds a 45% stake in the Cessford oil property, an area of 240 acres situated in Southern Alberta's Cessford region. The company also possesses a 50% interest in the Malartic gold property in Quebec, which is comprised of six map-designated claims covering 127.6 hectares. Established in 1955, Altai Resources Inc. maintains its corporate headquarters in Toronto, Canada.

Altai Resources Inc. is headquartered in CA.

Altai Resources Inc. (ARSEF) stock trades at $0.02 with a market capitalization of $840503. The stock is valued at a negative price-to-earnings (P/E) ratio of -1.33, reflecting a net loss over the last twelve months, price-to-book of 1.77, price-to-sales of 14.13. Over the past 52 weeks the stock has ranged between $0.00 and $0.04, and currently trades 50.0% below its 52-week high. It pays a dividend yielding 2.85%.

On profitability, Altai Resources Inc. generates a return on equity (ROE) of -69.53% (negative, reflecting a net loss), return on capital employed of -26.45%, an operating margin of -210.64%.

Official website: www.altairesources.com