Altius Minerals (ALS) AI Stock Analysis

• Market Cap: C$1.83B
• Dividend Yield: 0.96%
• Average Volume (3M): 80.81K
• Price to Earnings (P/E): 5.1
• Beta (1Y): 0.88
• Revenue Growth: -0.76%
• EPS Growth: 2549.18%
• Country: CA
• Employees: 19
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.17
• Shares Outstanding: 46,276,054
• 10 Day Avg. Volume: 108,049
• 30 Day Avg. Volume: 80,814
• PEG Ratio: 0.01
• Price to Book (P/B): 2.21
• Price to Sales (P/S): 33.28
• 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$38.50
• Price Target Upside: -2.43% Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 81 Outperform
• Price Target: C$46.00 ▲(16.57% Upside)

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.

Positive Factors

Strong Balance Sheet

A strong balance sheet with high liquidity enhances financial stability and flexibility, allowing Altius Minerals to pursue strategic investments and weather economic fluctuations.

Revenue Growth from Royalties

Increased royalty revenues from Potash and copper indicate robust demand and effective asset management, contributing to sustainable revenue streams and long-term growth potential.

Promising Renewable Royalties

The well-funded renewable royalty business positions Altius to capitalize on the growing renewable energy sector, supporting long-term diversification and revenue expansion.

Negative Factors

Low Net Profit Margin

A low net profit margin indicates potential inefficiencies or high costs, which could limit profitability and cash flow generation, impacting long-term financial health.

Increased G&A Costs

Rising general and administrative costs, even if temporary, can pressure margins and reduce operational efficiency, potentially affecting long-term profitability.

Market Challenges in Renewable Sector

Investment freezes in the renewable sector due to policy uncertainty can hinder growth opportunities, affecting Altius's ability to expand its renewable royalties portfolio.

Altius Minerals Business Overview & Revenue Model

Company Description

Altius Minerals Corporation (ALS) is a Canadian-based mining royalty and exploration company that primarily focuses on the acquisition and management of mineral royalties and streams in the mining sector. The company operates across various sectors, including copper, nickel, and precious metals, leveraging its extensive portfolio of royalty interests in projects located in Canada, the United States, and Brazil. Altius is dedicated to maximizing shareholder value through strategic partnerships and active management of its royalty assets.

How the Company Makes Money

Altius Minerals generates revenue primarily through its royalty and streaming agreements, which provide the company with a percentage of the revenue generated from mining operations on its properties. This model allows Altius to earn income without the direct costs and risks associated with mining, as the company does not engage in the extraction of minerals itself. Key revenue streams include royalties from producing mines, income from mineral exploration partnerships, and payments from companies that utilize its land for mining. Additionally, Altius may enter into joint ventures and strategic alliances with other mining companies to enhance its portfolio and generate further earnings. The company's revenue can also be influenced by the performance of the commodities market, as fluctuations in metal prices can impact the income derived from its royalties.

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 revenue growth and free cash flow suggest areas for improvement.

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	51.39M	37.27M	68.96M	102.05M	81.68M	60.06M
Gross Profit	39.59M	24.99M	47.65M	71.88M	52.79M	37.06M
EBITDA	455.85M	119.42M	40.58M	83.17M	74.91M	7.10M
Net Income	361.02M	100.77M	9.54M	37.49M	40.02M	-26.86M
Balance Sheet
Total Assets	1.01B	713.99M	773.54M	780.58M	721.40M	589.61M
Cash, Cash Equivalents and Short-Term Investments	352.98M	15.91M	130.42M	82.39M	100.02M	21.80M
Total Debt	83.16M	99.38M	112.17M	120.87M	115.17M	132.97M
Total Liabilities	155.40M	142.86M	161.00M	171.78M	192.42M	205.78M
Stockholders Equity	849.65M	561.18M	488.73M	486.19M	433.49M	362.88M
Cash Flow
Free Cash Flow	25.96M	25.37M	35.05M	71.92M	46.64M	34.38M
Operating Cash Flow	26.43M	27.95M	36.51M	74.26M	47.77M	37.12M
Investing Cash Flow	266.23M	-103.37M	55.07M	-85.75M	-26.55M	-50.19M
Financing Cash Flow	-52.22M	-44.41M	-38.93M	-10.75M	56.99M	12.74M

Altius Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 39.46
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 39.46 is below the 20-day moving average (MA) of 39.51, above the 50-day MA of 38.09, and above the 200-day MA of 30.25, indicating a neutral trend. The MACD of 0.35 indicates Positive momentum. The RSI at 52.59 is Neutral, neither overbought nor oversold. The STOCH value of 46.64 is Neutral, 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	82 Outperform	C$1.43B	8.58	33.87%	9.82%	34.89%	67.31%
ALS	81 Outperform	C$1.83B	5.06	53.36%	0.96%	-0.76%	2549.18%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
USA	58 Neutral	C$2.03B	-18.86	-144.69%	―	14.32%	37.85%
SGML	57 Neutral	C$1.65B	-37.91	-35.25%	―	-11.65%	34.89%
LAC	49 Neutral	C$1.78B	-4.38	-42.69%	―	―	-465.27%
NDM	48 Neutral	C$1.59B	-19.54	-92.64%	―	―	-381.19%

Altius Minerals Corporate Events

Altius Minerals Secures $25 Million from Arthur Gold Royalty Sale

Altius Minerals Corporation has received a contingent payment of US$25 million following the sale of a partial royalty interest in the Arthur Gold Project to Franco-Nevada Corporation. This payment concludes an arbitration process that confirmed the extent of royalty lands, covering approximately 195.6 km². The Arthur Gold Project, recognized as one of the most significant greenfield gold discoveries in the U.S. in over a decade, has substantial inferred and indicated mineral resources. AngloGold Ashanti is advancing the project with plans to convert resources to reserves and expand exploration efforts, potentially impacting Altius’s royalty income and market position.

Altius Minerals Sees Strong Q3 2025 Growth Driven by Strategic Royalty Sales

Altius Minerals Corporation reported a significant increase in its Q3 2025 financial performance, with attributable royalty revenue rising to $21.4 million from $14.7 million in the previous year. This growth was driven by higher potash volumes and copper stream deliveries, alongside increased interest and investment income. The company also recorded a substantial gain from the sale of a portion of its royalty interest in the Arthur Gold project, contributing to net earnings of $264.9 million for the quarter. These developments reflect Altius’s strategic focus on optimizing its royalty portfolio and enhancing shareholder value.

Altius Minerals Reports Strong Q3 2025 Revenue Growth

Altius Minerals Corporation reported an expected Q3 2025 attributable royalty revenue of approximately $21.2 million, a significant increase from previous quarters. This growth is driven by higher realized prices and increased volumes in base and battery metals, potash, and renewable energy sectors. The company also benefited from interest income following strategic asset sales. The announcement highlights Altius’s strong positioning in the market and its alignment with global sustainability trends, potentially impacting stakeholders positively.

Altius Minerals Reports Q3 2025 Project Generation Update

Altius Minerals Corporation reported a significant update in its Project Generation business activities for the third quarter of 2025. The company saw a decrease in the market value of its equities portfolio from $87.3 million to $44.0 million. However, Altius received gross cash proceeds of $67.6 million from a transaction involving Orogen Royalties Inc. and Triple Flag Precious Metals Corp., along with new Orogen shares valued at $25 million. This transaction, along with other investments and project developments, highlights Altius’s strategic focus on expanding its royalty interests and equity investments across various mineral projects, particularly in gold-rich regions like Nevada.

Altius Minerals Announces Leadership Changes Amid Strategic Growth Focus

Altius Minerals Corporation announced significant changes in its senior management and board, with the retirement of Ben Lewis, CFO, and Chad Wells, VP of Corporate Development, who will continue in advisory roles. Stephanie Hussey has been appointed as the new CFO, while John Baker steps down as Executive Chairman to become President, and Fred Mifflin takes over as independent Chair of the Board. These changes are part of Altius’s strategic efforts to ensure smooth transitions and continued growth, reflecting confidence in the new leadership to uphold the company’s strategic goals and market positioning.