Lithium Royalty Corp. to Be Acquired by Altius Minerals in C$521 Million Deal

Lithium Royalty Corp. ( (TSE:LIRC) ) has provided an update.

Lithium Royalty Corp. has agreed to be acquired by Altius Minerals Corporation under a definitive arrangement that will see Altius purchase all outstanding common and convertible common shares of LRC for a mix of cash and/or Altius shares, valuing the deal at about C$521 million and offering shareholders a premium of roughly 30% to the latest closing price and over 40% to the 30-day volume-weighted average price. The transaction, which is not subject to financing conditions and is expected to close near the end of the first quarter of 2026 pending shareholder, court and regulatory approvals, follows a strategic review and has unanimous board backing, with major shareholders controlling about 84.7% of LRC’s stock already committed to support the deal; management highlights that combining LRC’s portfolio of lithium and critical mineral royalties with Altius’s diversified royalty platform and stronger cash flow base is intended to create greater scale, liquidity and financial capacity to advance LRC’s proprietary pipeline and strengthen its competitive position among royalty peers.

The most recent analyst rating on (TSE:LIRC) stock is a Buy with a C$9.00 price target. To see the full list of analyst forecasts on Lithium Royalty Corp. stock, see the TSE:LIRC Stock Forecast page.

Spark’s Take on TSE:LIRC Stock

According to Spark, TipRanks’ AI Analyst, TSE:LIRC is a Neutral.

Lithium Royalty Corp.’s overall score reflects significant financial challenges with negative profitability and cash flow issues, despite a strong balance sheet. Technical indicators show stable short-term momentum but a longer-term downtrend. The negative P/E ratio and lack of dividend yield detract from its valuation appeal. Positive corporate events, including resilient market performance and a share buyback initiative, contribute positively to the score.

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

More about Lithium Royalty Corp.

Lithium Royalty Corp. is a Toronto-based royalty company focused on lithium and other critical minerals, holding a portfolio of 37 high-growth royalties tied to projects supplying the energy transition. Its business model centers on providing financing to mining and mineral projects in exchange for royalty interests, positioning it within the broader battery metals and critical minerals sector.

Average Trading Volume: 17,000

Technical Sentiment Signal: Buy

Current Market Cap: C$402.6M

See more data about LIRC stock on TipRanks’ Stock Analysis page.