Altius Minerals to Acquire Lithium Royalty Corp. in C$520 Million Lithium Bet

Altius Minerals ( (TSE:ALS) ) just unveiled an announcement.

Altius Minerals has entered into a definitive agreement to acquire all outstanding shares of Lithium Royalty Corp. in a transaction valued at approximately C$520 million, offering LRC shareholders a mix of cash and Altius shares, subject to proration limits. The deal will add 37 lithium-focused royalties, including four producing and a dozen advanced-stage projects, to Altius’s portfolio, with expected royalty revenues from the acquisition ramping to C$40–60 million annually by the end of the decade at current prices, while significantly deepening its exposure to the fast-growing lithium and battery materials market at a time of depressed lithium prices and a potential supply deficit emerging later this decade. The acquisition is positioned as a counter-cyclical, long-term bet on lithium demand growth across electric transport, grid storage and other battery applications, and is expected to deliver corporate synergies, enhanced EBITDA margins and expanded deal-sourcing capabilities through the integration of LRC’s team and networks into Altius’s existing platform.

The most recent analyst rating on (TSE:ALS) stock is a Buy with a C$46.00 price target. To see the full list of analyst forecasts on Altius Minerals stock, see the TSE:ALS Stock Forecast page.

Spark’s Take on TSE:ALS Stock

According to Spark, TipRanks’ AI Analyst, TSE:ALS is a Outperform.

Altius Minerals’ strong financial performance, attractive valuation, and positive technical indicators contribute to a high overall score. The earnings call provided additional confidence with strategic guidance and asset sales strengthening the balance sheet. However, attention to net profit margins and cash flow conversion is advisable.

To see Spark’s full report on TSE:ALS stock, click here.

More about Altius Minerals

Altius Minerals Corporation is a Canadian royalty and streaming company focused on mining and resource sectors, with a portfolio spanning base and battery metals, including exposure to the electricity sector through power-related royalties. Its business model centers on acquiring long-life royalties over mining projects across low-risk jurisdictions such as Canada, Australia and South America, aiming to benefit from long-term commodity demand trends and sector-leading revenue growth.

Average Trading Volume: 123,180

Technical Sentiment Signal: Buy

Current Market Cap: C$1.86B

Learn more about ALS stock on TipRanks’ Stock Analysis page.