1. Limited geographical diversification: Alturas Minerals Corp operates primarily in Peru, which exposes the company to country-specific risks such as political instability, regulatory changes, and economic downturns.
2. Small market capitalization: Alturas Minerals Corp has a relatively small market capitalization compared to its peers, which may limit its ability to attract institutional investors and access capital markets.
3. Limited production capacity: Alturas Minerals Corp is still in the exploration stage and has not yet commenced commercial production. This limits the company's revenue-generating potential and exposes it to exploration risks.
4. High exploration costs: Alturas Minerals Corp's exploration activities require significant capital expenditures, which may strain the company's financial resources and limit its ability to pursue other growth opportunities.
5. Limited track record: Alturas Minerals Corp is a relatively new company with a limited track record of success in the mining industry. This may make it difficult for the company to attract investors and secure financing for its projects.
6. Dependence on commodity prices: Alturas Minerals Corp's success is highly dependent on the prices of the commodities it produces, such as gold and copper. Fluctuations in commodity prices can significantly impact the company's financial performance.
