Altai Resources is a company based in Toronto that runs exploration for natural resources and precious elements such as gold. Altai Resources (ATI) also runs exploration for oil and natural gas. The company’s establishment was laid in 1955. Altai Resources has several resource areas, such as St. Lawrence Lowlands, Cessford, and Marliatic Gold. Sorel-Trois Rivieres natural gas property.
Most of these resource areas are situated in or near Quebec, Canada – this helps the company to export the oil to the United States and maintain better trading with them. In our early posts, we discussed many exploration-stage companies, now let’s discuss Altai Resources (ATI) stock price prediction as a production-stage company.
Altai Resources (ATI) Stock Price Prediction 2024 – 2045
| Altai Resources (ATI) Stock Price Prediction | Prediction Price (CAD) |
| Altai Resources (ATI) Stock Price Prediction 2024 | 0.090 |
| Altai Resources (ATI) Stock Price Prediction 2025 | 0.105 |
| Altai Resources (ATI) Stock Price Prediction 2026 | 0.121 |
| Altai Resources (ATI) Stock Price Prediction 2027 | 0.139 |
| Altai Resources (ATI) Stock Price Prediction 2028 | 0.160 |
| Altai Resources (ATI) Stock Price Prediction 2029 | 0.184 |
| Altai Resources (ATI) Stock Price Prediction 2030 | 0.211 |
| Altai Resources (ATI) Stock Price Prediction 2035 | 0.425 |
| Altai Resources (ATI) Stock Price Prediction 2040 | 0.854 |
| Altai Resources (ATI) Stock Price Prediction 2045 | 1.718 |
Altai Resources (ATI) Stock Price Prediction 2024
In 2024, the stock’s initial trading price was 0.050, which till now went as low as 0.050 (in Sep. 2024) and as high as 0.070 CAD (in June 2024)
| Month | Share price in CAD |
| January | 0.050 |
| February | 0.065 |
| March | 0.055 |
| April | 0.060 |
| May | 0.055 |
| June | 0.070 |
| July | 0.060 |
| August | 0.060 |
| September | 0.050 |
| October | 0.085 |
| November | 0.080 |
| December | 0.090 |
Suggested: Ur Energy Inc. (URE) Stock Price Prediction 2024 – 2045 (Complete Information)
Altai Resources (ATI) Stock Price Prediction 2025
The average price of the stock of Altai Resources (ATI) for 2026 will be CAD 0.096, with a high forecast of CAD 0.105, and a lower forecast of CAD 0.090.
| Month | Share price in CAD |
| January | 0.095 |
| February | 0.090 |
| March | 0.085 |
| April | 0.095 |
| May | 0.100 |
| June | 0.105 |
| July | 0.095 |
| August | 0.100 |
| September | 0.095 |
| October | 0.090 |
| November | 0.100 |
| December | 0.105 |
Altai Resources (ATI) Stock Price Prediction 2026
The average price of the stock of Altai Resources (ATI) for 2026 will be CAD 0.113, with a high forecast of CAD 0.121, and a lower forecast of CAD 0.106.
| Month | Share price in CAD |
| January | 0.106 |
| February | 0.107 |
| March | 0.109 |
| April | 0.110 |
| May | 0.111 |
| June | 0.113 |
| July | 0.114 |
| August | 0.115 |
| September | 0.117 |
| October | 0.118 |
| November | 0.119 |
| December | 0.121 |
Altai Resources (ATI) Stock Price Prediction 2027
The average price of the stock of Altai Resources (ATI) for 2027 will be CAD 0.130, with a high forecast of CAD 0.139, and a lower forecast of CAD 0.122.
| Month | Share price in CAD |
| January | 0.122 |
| February | 0.124 |
| March | 0.125 |
| April | 0.127 |
| May | 0.128 |
| June | 0.129 |
| July | 0.131 |
| August | 0.133 |
| September | 0.134 |
| October | 0.136 |
| November | 0.137 |
| December | 0.139 |
Altai Resources (ATI) Stock Price Prediction 2028
The average price of the stock of Altai Resources (ATI) for 2028 will be CAD 0.150, with a high forecast of CAD 0.160, and a lower forecast of CAD 0.140.
| Month | Share price in CAD |
| January | 0.140 |
| February | 0.142 |
| March | 0.144 |
| April | 0.145 |
| May | 0.147 |
| June | 0.149 |
| July | 0.151 |
| August | 0.152 |
| September | 0.154 |
| October | 0.156 |
| November | 0.158 |
| December | 0.160 |
Altai Resources (ATI) Stock Price Prediction 2029
The average price of the stock of Altai Resources (ATI) for 2029 will be CAD 0.172, with a high forecast of CAD 0.184, and a lower forecast of CAD 0.162.
| Month | Share price in CAD |
| January | 0.162 |
| February | 0.163 |
| March | 0.165 |
| April | 0.167 |
| May | 0.169 |
| June | 0.171 |
| July | 0.173 |
| August | 0.175 |
| September | 0.177 |
| October | 0.179 |
| November | 0.182 |
| December | 0.184 |
Altai Resources (ATI) Stock Price Prediction 2030
The average price of the stock of Altai Resources (ATI) for 2030 will be CAD 0.198, with a high forecast of CAD 0.211, and a lower forecast of CAD 0.186.
| Month | Share price in CAD |
| January | 0.186 |
| February | 0.188 |
| March | 0.190 |
| April | 0.192 |
| May | 0.195 |
| June | 0.197 |
| July | 0.199 |
| August | 0.202 |
| September | 0.204 |
| October | 0.206 |
| November | 0.209 |
| December | 0.211 |
Altai Resources (ATI) Stock Price Prediction 2035
The average price of the stock of Altai Resources (ATI) for 2035 will be CAD 0.399, with a high forecast of CAD 0.425, and a lower forecast of CAD 0.374.
| Month | Share price in CAD |
| January | 0.374 |
| February | 0.378 |
| March | 0.383 |
| April | 0.387 |
| May | 0.392 |
| June | 0.396 |
| July | 0.401 |
| August | 0.405 |
| September | 0.410 |
| October | 0.415 |
| November | 0.420 |
| December | 0.425 |
Altai Resources (ATI) Stock Price Prediction 2040
The average price of the stock of Altai Resources (ATI) for 2040 will be CAD 0.802, with a high forecast of CAD 0.854, and a lower forecast of CAD 0.752.
| Month | Share price in CAD |
| January | 0.752 |
| February | 0.760 |
| March | 0.769 |
| April | 0.778 |
| May | 0.787 |
| June | 0.797 |
| July | 0.806 |
| August | 0.816 |
| September | 0.825 |
| October | 0.835 |
| November | 0.844 |
| December | 0.854 |
Altai Resources (ATI) Stock Price Prediction 2045
The average price of the stock of Altai Resources (ATI) for 2045 will be CAD 1.613, with a high forecast of CAD 1.718, and a lower forecast of CAD 1.512.
| Month | Share price in CAD |
| January | 1.512 |
| February | 1.530 |
| March | 1.547 |
| April | 1.566 |
| May | 1.584 |
| June | 1.602 |
| July | 1.621 |
| August | 1.640 |
| September | 1.659 |
| October | 1.679 |
| November | 1.699 |
| December | 1.718 |
Altai Resources (ATI) Stock – Historical Share Price:
| Altai Resources (ATI) historical stock price year | Historical Price |
| Altai Resources (ATI) historical stock price 2014 | 0.060 CAD |
| Altai Resources (ATI) historical stock price 2015 | 0.055 CAD |
| Altai Resources (ATI) historical stock price 2016 | 0.140 CAD |
| Altai Resources (ATI) historical stock price 2017 | 0.250 CAD |
| Altai Resources (ATI) historical stock price 2018 | 0.110 CAD |
| Altai Resources (ATI) historical stock price 2019 | 0.065 CAD |
| Altai Resources (ATI) historical stock price 2020 | 0.70 CAD |
| Altai Resources (ATI) historical stock price 2021 | 0.170 CAD |
| Altai Resources (ATI) historical stock price 2022 | 0.080 CAD |
| Altai Resources (ATI) historical stock price 2023 | 0.050 CAD |
Altai Resources (ATI) Stock Historical Price in 2014
In 2014, Altai Resources (ATI) inaugurated its trading journey at 0.075 CAD. The stock touched its yearly high in February at 0.110 CAD. Since September 2014, the price of the stock has been going down. The price of ATI went from 0.080 CAD to 0.060 CAD in December 2014 – this was also the price at which the stock closed for that year.
Altai Resources (ATI) Stock Historical Price in 2015
This year, the stock created a support level of 0.055 CAD in January 2015 and continued to take support at that level till August 2015. In September 2015, the stock broke this support level and hit the value of 0.050 CAD. Till December 2015, ATI respected that support level by closing at 0.055 CAD.
Altai Resources (ATI) Stock Historical Price in 2016
The share price of Altai Resources rose from April to June and in June after ATI issued bonus shares, the price of the stock began falling. In July, the price took support at 0.035 CAD and continued to move in that range in August. From then, the share price of ATI began to rise and in December 2016, ATI marked its closing at 0.140 CAD.
Altai Resources (ATI) Stock Historical Price in 2017
ATI’s share price was in a downtrend from January 2017 to July 2017. But, a 53.85% rise in July, followed by a 210% growth in the share price in August, surprised everybody as it took ATI’s share price to 0.350 CAD in September. The price of the stock continued to move in a sideways range up to December as it closed at 0.250 CAD.
Altai Resources (ATI) Stock Historical Price in 2018
Just as the stock price of ATI rose in September 2017, it had a kind of similar fall in June 2018, although this time, the volume was stronger. After that, the trend in the stock was inconsistent, in one month, the stock rose by 56.25%, in other months like October and November, it crashed and closed at 0.110 CAD in December.
Altai Resources (ATI) Stock Historical Price in 2019
The opening price of Altai Resources (ATI) for 2019 was 0.125 CAD. After opening at that price, ATI continued falling down till September and eventually ended up as low as 0.050 CAD. However, in the remaining months, we saw some improvement in the share price which made it possible for the stock to reach 0.065 CAD by December.
Altai Resources (ATI) Stock Historical Price in 2020
ATI traded at a completely flat line from March to June 2020. Past that, in July 2020 the stock price shot by 125%, taking it to 0.090 CAD, followed by a 33.33% uptrend in August 2020. By the end of the year, the stock price of ATI was around 0.70 CAD.
Altai Resources (ATI) Stock Historical Price in 2021
As compared to other years, ATI was in a sideways trend in 2021. However, towards the end of the year, there was an uptrend which was able to take the price to 0.170 CAD in December.
Altai Resources (ATI) Stock Historical Price in 2022 & 2023
Between 2022 and 2023, there wasn’t much movement in the shares of ATI. The closing prices were 0.080 CAD for 2022 and 0.050 CAD for 2023.
Altai Resources (ATI) Stock – Technical Analysis:
Chart and trend analysis:
The sideways trend in which the stock has been moving since June 2022 has been intact till now and the stock continues to move in the same price range. In January 2024 and in September 2024 the stock attempted to break out of the sideways trend.
Support and resistance analysis:
If the price of Altai Resources goes down, it will get a support of around 0.050 CAD but, if it goes up it should face a resistance of around 0.085 CAD and then ay 0.090 CAD.
Altai Resources (ATI) Stock – Fundamental Analysis:
Company financial overview:
The vintage company has a market capitalization of 4.76 million Canadian dollars. It doesn’t give any dividends to its shareholders but does generate revenue.
Company performance overview:
In the last 5 years, the company had generated losses from 2019 to 2022, It was only last year that the company was able to generate profit from its operations. In 2023 the company generated a revenue of 185.92K CAD and a net income of 39.38K CAD.
Disclaimer:
The information provided here is for informational purposes only and should not be considered financial advice. The author and blog are not liable for any financial losses. Always consult with a financial professional before making any investment decisions.
Altai Resources (ATI) Stock Price Prediction: FAQs
What is the last reported P/E ratio of Altai Resources (ATI)?
The last reported P/E ratio of Altai Resources (ATI) is 121.430.
Welcome to PredictTorontoStocks! I’m Hilda J. Condit, a seasoned finance professional with a passion for the stock market and a deep-rooted connection to the Toronto Stock Exchange (TSX). With a Bachelor’s degree in Finance and specialized training from CSI Global Education’s Canadian Securities Course (CSC), I bring years of experience and expertise to the world of investment.
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