Altima energy

Altima Energy (TSXV: ARH) is facing significant challenges that could impact its stock performance and investor confidence. Here's a detailed analysis: 1. **Financial Filings and Cease Trade Order**: Altima Energy has been unable to file its audited annual financial statements, leading to the issuance of a cease trade order by the British Columbia Securities Commission. This situation has cast a shadow over the company's financial integrity and regulatory compliance. 2. **Stock Performance and Market Sentiment**: The company's stock (TSXV: ARH) has experienced a decline, with recent news of a cease trade order and delays in financial filings likely contributing to investor anxiety. The stock's price and market capitalization as of September 12, 2025, were $3.64 and $321.26 million, respectively. |code|Ticker|Name|Date|Closing Price|market_code| |---|---|---|---|---|---| |ALT|ALT.O|Altimmune|20240916|7.58|185| |ALT|ALT.O|Altimmune|20240917|7.57|185| |ALT|ALT.O|Altimmune|20240918|7.43|185| |ALT|ALT.O|Altimmune|20240919|7.57|185| |ALT|ALT.O|Altimmune|20240920|7.79|185| |ALT|ALT.O|Altimmune|20240923|7.2|185| |ALT|ALT.O|Altimmune|20240924|7.12|185| |ALT|ALT.O|Altimmune|20240925|7|185| |ALT|ALT.O|Altimmune|20240926|6.81|185| |ALT|ALT.O|Altimmune|20240927|6.47|185| 3. **Revenue and Profitability**: Altima Energy's revenue growth rate is at 0%, with a total revenue of $5 million. The net income growth rate is at 10.12%, but the company has a negative net income of $22.15 million. The diluted EPS growth rate is at 22.86%, with a negative diluted EPS of $0.27. |code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code| |---|---|---|---|---|---|---|---| |ALT|ALT.O|Altimmune|2024 Q3|-10.517149629916307|-98.61878453038673|17.94871794871795|185| |ALT|ALT.O|Altimmune|2024 Q4|26.74062134572232|-86.48648648648648||185| |ALT|ALT.O|Altimmune|2025 Q1|19.754857751906208|0|23.529411764705884|185| |ALT|ALT.O|Altimmune|2025 Q2|10.121753246753247|0|22.857142857142847|185| 4. **Valuation Metrics**: The company has a negative P/E ratio, indicating that it is not currently profitable. The P/S ratio is very high at 16,062.82, suggesting that the market may be valuing the company's sales at a significant premium. |code|Ticker|Name|Date|P/E(TTM)|P/S|Price to Book Ratio|market_code| |---|---|---|---|---|---|---|---| |ALT|ALT.O|Altimmune|20240916|-5.807213|26935.890429000003|3.5318578425369274|185| |ALT|ALT.O|Altimmune|20240917|-5.799552|26900.354953500002|3.5271983994728946|185| |ALT|ALT.O|Altimmune|20240918|-5.692295|26402.8582965|3.4619661965764337|185| |ALT|ALT.O|Altimmune|20240919|-5.799552|26900.354953500002|3.5271983994728946|185| |ALT|ALT.O|Altimmune|20240920|-5.968099|27682.135414499997|3.629706146881617|185| |ALT|ALT.O|Altimmune|20240923|-5.516087|25585.54236|3.3547990061036774|185| |ALT|ALT.O|Altimmune|20240924|-5.454797|25301.258556|3.3175234615914144|185| |ALT|ALT.O|Altimmune|20240925|-5.362862|24874.83285|3.2616101448230195|185| |ALT|ALT.O|Altimmune|20240926|-5.217298|24199.6588155|3.1730807266063943|185| |ALT|ALT.O|Altimmune|20240927|-4.956817|22991.452648500002|3.0146596624292763|185| In conclusion, Altima Energy is facing a challenging period with financial filings delayed and a cease trade order in place. While the company has shown revenue growth and profitability, the negative P/E ratio and high P/S ratio indicate that investors should exercise caution. The stock's performance will likely depend on how quickly the company can address its regulatory issues and restore investor confidence.