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The latest announcement is out from Lithium Royalty Corp. ( (TSE:LIRC) ).
Lithium Royalty Corp. has secured final court approval from the Ontario Superior Court of Justice for its plan of arrangement under which Altius Minerals Corporation will acquire all outstanding common and convertible shares. LRC shareholders can elect to receive either Altius shares, cash, or a mix of both, reflecting a flexible consideration structure for investors.
The transaction is expected to close around March 6, 2026, subject to customary closing conditions set out in the arrangement agreement. Upon completion, LRC’s shares will be delisted from the Toronto Stock Exchange, and the company intends to cease being a reporting issuer, effectively taking the lithium-focused royalty player off the public markets under Altius’s ownership.
The most recent analyst rating on (TSE:LIRC) stock is a Hold with a C$11.00 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.
The score is primarily held back by weak profitability and ongoing cash burn despite strong revenue growth, while a very strong balance sheet provides financial flexibility. Technicals show a strong uptrend but are overbought, and valuation support is limited due to negative earnings. Recent earnings updates and corporate events are constructive, including first revenue from a key project, a new producing royalty, and a takeout deal at a premium.
To see Spark’s full report on TSE:LIRC stock, click here.
More about Lithium Royalty Corp.
Lithium Royalty Corp. is a Canada-based royalty company focused on lithium and other critical minerals tied to the electrification and decarbonization of the global economy. It holds a globally diversified portfolio of 38 royalties on mineral properties that support the battery supply chain for transportation and energy storage, underpinned by assets that produce or are expected to produce key energy transition materials.
Average Trading Volume: 21,779
Technical Sentiment Signal: Buy
Current Market Cap: C$605.3M
Find detailed analytics on LIRC stock on TipRanks’ Stock Analysis page.