Altius Minerals (ALS) AI Stock Analysis

• Market Cap: C$1.55B
• Dividend Yield: 1.1%
• Average Volume (3M): 71.63K
• Price to Earnings (P/E): 15.5
• Beta (1Y): 0.75
• Revenue Growth: -13.16%
• EPS Growth: 588.65%
• Country: CA
• Employees: 19
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.03
• Shares Outstanding: 46,315,304
• 10 Day Avg. Volume: 74,609
• 30 Day Avg. Volume: 71,628
• PEG Ratio: 0.01
• Price to Book (P/B): 2.21
• Price to Sales (P/S): 21.33
• P/FCF Ratio: 48.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$34.80
• Price Target Upside: 3.91% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 70 Neutral
• Price Target: C$32.00 ▼(-4.45% Downside)

Altius Minerals' overall stock score is driven by strong financial performance and reasonable valuation, despite challenges in revenue growth and cash flow management. Technical indicators suggest a mixed trend, while the earnings call reflects both positive developments and ongoing challenges.

Positive Factors

Renewable Royalty Business Growth

The growth in the renewable royalty business signals a strategic shift towards sustainable energy, enhancing long-term revenue diversification and stability.

Improved Liquidity and Balance Sheet

Enhanced liquidity and a strong balance sheet provide Altius with financial flexibility to pursue strategic investments and weather economic uncertainties.

Positive Developments in Potash and Base Metals

Strong fundamentals in potash and base metals support Altius's royalty income, indicating robust demand and potential for sustained revenue growth.

Negative Factors

Decrease in Royalty Revenue and EBITDA

Declining royalty revenue and EBITDA reflect challenges in maintaining top-line growth, potentially impacting future profitability and cash flow.

Reduced Net Earnings

Lower net earnings highlight operational challenges and reduced profitability, which may affect investor confidence and strategic initiatives.

Challenges in Renewable Sector

Uncertainties in the renewable sector could hinder growth prospects and delay investment returns, impacting Altius's strategic expansion plans.

Altius Minerals Business Overview & Revenue Model

Company Description

Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada, the United States, and Brazil. The company owns royalty and streaming interests in 12 operating mines covering copper, zinc, nickel, cobalt, iron ore, precious metals, potash, and thermal and metallurgical coal. It is also involved in the acquisition and management of renewable energy investments and royalties, as well as early-stage royalties and minority equity or project interests. Altius Minerals Corporation was incorporated in 1997 and is headquartered in St. John's, Canada.

How the Company Makes Money

Altius Minerals makes money primarily through its royalty and streaming agreements. These agreements entitle the company to receive a percentage of the revenue or production from mining operations without bearing the operational costs. Key revenue streams include royalties from iron ore operations in Labrador, potash operations in Saskatchewan, and other base and precious metal projects. Significant partnerships with mining operators enable Altius to leverage its royalty interests across various projects. Additionally, the company generates income from strategic investments in junior mining companies and projects, which can offer capital appreciation and potential future royalty streams.

Altius Minerals Financial Statement Overview

Summary

Altius Minerals demonstrates strong profitability and a solid balance sheet, with efficient operations and conservative leverage. However, recent declines in free cash flow growth and negative revenue growth indicate potential challenges in top-line expansion and cash flow management.

Income Statement

Altius Minerals shows strong profitability with high gross and net profit margins, particularly in the TTM period. However, revenue growth has been negative recently, indicating potential challenges in top-line expansion. The EBIT and EBITDA margins are robust, suggesting efficient operations.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio, indicating conservative leverage. Return on equity is solid, reflecting effective use of shareholder funds. The equity ratio is stable, showing a strong asset base relative to liabilities.

Cash Flow

Cash flow metrics are generally positive, with a strong operating cash flow to net income ratio. However, recent declines in free cash flow growth suggest potential cash flow management challenges. The free cash flow to net income ratio remains healthy, indicating good cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	47.19M	37.27M	68.96M	102.05M	81.68M	60.06M
Gross Profit	35.71M	24.99M	47.65M	71.88M	52.79M	37.06M
EBITDA	109.90M	119.42M	40.58M	83.17M	74.91M	7.10M
Net Income	99.15M	100.77M	9.54M	37.49M	40.02M	-26.86M
Balance Sheet
Total Assets	716.68M	713.99M	773.54M	780.58M	721.40M	589.61M
Cash, Cash Equivalents and Short-Term Investments	11.12M	15.91M	130.42M	82.39M	100.02M	21.80M
Total Debt	93.17M	99.38M	112.17M	120.87M	115.17M	132.97M
Total Liabilities	136.13M	142.86M	161.00M	171.78M	192.42M	205.78M
Stockholders Equity	570.72M	561.18M	488.73M	486.19M	433.49M	362.88M
Cash Flow
Free Cash Flow	20.25M	25.37M	35.05M	71.92M	46.64M	34.38M
Operating Cash Flow	22.08M	27.95M	36.51M	74.26M	47.77M	37.12M
Investing Cash Flow	-86.49M	-103.37M	55.07M	-85.75M	-26.55M	-50.19M
Financing Cash Flow	-35.66M	-44.41M	-38.93M	-10.75M	56.99M	12.74M

Altius Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 33.49
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ALS, the sentiment is Positive. The current price of 33.49 is above the 20-day moving average (MA) of 31.19, above the 50-day MA of 29.82, and above the 200-day MA of 27.14, indicating a bullish trend. The MACD of 1.00 indicates Negative momentum. The RSI at 82.52 is Negative, neither overbought nor oversold. The STOCH value of 80.66 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ALS.

Altius Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AFM	73 Outperform	1.20B	7.35	30.21%	7.45%	73.61%	119.38%
ALS	70 Neutral	C$1.55B	15.47	18.70%	1.10%	-13.16%	588.65%
SKE	52 Neutral	3.00B	-17.24	―	―	―	-0.21%
SGML	50 Neutral	1.09B	-16.66	-47.88%	―	-25.68%	-637.02%
LAC	49 Neutral	2.14B	-26.36	―	―	―	―
FOM	46 Neutral	1.97B	-161.23	―	―	―	7.35%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Altius Minerals Corporate Events

Altius Minerals Secures Expanded Royalty Interests in Nevada Gold District

Altius Minerals Corporation announced it has received a final arbitration award confirming its royalty interests within the Silicon gold district in Nevada. The decision extends Altius’s royalty area to approximately 195.6 km², which fulfills the conditions of a sales agreement with Franco-Nevada Corporation, triggering a contingent payment of US$25 million to Altius. This development strengthens Altius’s position within the gold mining industry and enhances its financial prospects, potentially benefiting its stakeholders.

The most recent analyst rating on (TSE:ALS) stock is a Hold with a C$26.00 price target. To see the full list of analyst forecasts on Altius Minerals stock, see the TSE:ALS Stock Forecast page.

Altius Minerals Reports Decreased Q2 Revenue Amid Strategic Developments

Altius Minerals reported a significant decrease in Q2 2025 revenue to $9.8 million, compared to $19.5 million in Q2 2024, primarily due to lower potash volumes and reduced dividends from iron ore, despite higher base metal prices. The company highlighted several strategic developments, including a potential increase in copper production from Lundin Mining’s Saúva deposit, strong potash sales with expectations for record demand, and the sale of a 1% NSR royalty for $275 million, which could impact its financial positioning and stakeholder interests.

The most recent analyst rating on (TSE:ALS) stock is a Hold with a C$26.00 price target. To see the full list of analyst forecasts on Altius Minerals stock, see the TSE:ALS Stock Forecast page.

Altius Minerals Sells Gold Royalty to Franco-Nevada for $275 Million

Altius Minerals Corporation has completed the sale of a 1% net smelter return (NSR) royalty on the Silicon and Merlin gold deposits in Nevada to Franco-Nevada Corporation for $275 million. This transaction enhances Altius’s financial flexibility and strengthens its balance sheet, allowing the company to explore new capital allocation opportunities and maintain exposure to the emerging gold district through its retained 0.5% NSR royalty.

The most recent analyst rating on (TSE:ALS) stock is a Hold with a C$26.00 price target. To see the full list of analyst forecasts on Altius Minerals stock, see the TSE:ALS Stock Forecast page.

Altius Minerals Reports Q2 2025 Royalty Revenue and Strategic Focus

Altius Minerals Corporation reported an expected Q2 2025 attributable royalty revenue of $12.7 million, reflecting a decrease from previous quarters. The revenue was impacted by various factors, including higher realized prices in base and battery metals, offset by timing issues and maintenance shutdowns in potash mines. The renewable energy sector showed growth with a revenue of $2.1 million, indicating a ramp-up in operational projects. This announcement highlights Altius’s strategic focus on diversifying its revenue streams and aligning with global sustainability trends, which may influence its market positioning and stakeholder interests.

The most recent analyst rating on (TSE:ALS) stock is a Hold with a C$22.00 price target. To see the full list of analyst forecasts on Altius Minerals stock, see the TSE:ALS Stock Forecast page.

Altius Minerals Reports Strong Portfolio Growth and Strategic Developments

Altius Minerals Corporation reported a significant increase in the market value of its public junior equities portfolio, driven by its substantial holdings in Orogen Royalties Inc., which is being acquired by Triple Flag Precious Metals Corp. This acquisition is expected to yield Altius gross proceeds of approximately $80 million. Additionally, Altius is involved in several strategic projects and alliances, including a potential new porphyry copper discovery in Argentina and the sale of its Roebucks base metals project in Newfoundland, while retaining royalties in these ventures. These developments reflect Altius’s strategic focus on enhancing its royalty portfolio and exploring new investment opportunities.

The most recent analyst rating on (TSE:ALS) stock is a Hold with a C$22.00 price target. To see the full list of analyst forecasts on Altius Minerals stock, see the TSE:ALS Stock Forecast page.

Altius Minerals Achieves Strong Shareholder Support at AGM

Altius Minerals Corporation announced the successful approval of all resolutions at its Annual General Meeting held on May 14, 2025, with a high voting participation rate of 73.9%. The election of directors saw strong support, with all nominees receiving votes in favor at 95% or higher. This outcome underscores shareholder confidence in the company’s strategic direction and governance, potentially strengthening its industry positioning and stakeholder relations.

The most recent analyst rating on (TSE:ALS) stock is a Hold with a C$22.00 price target. To see the full list of analyst forecasts on Altius Minerals stock, see the TSE:ALS Stock Forecast page.