Altius Minerals (TSE:ALS) has released an update.
Altius Minerals Corporation has announced an expected Q1 2024 royalty revenue of $17.4 million, reflecting a solid performance in base and battery metals, notably from higher copper stream deliveries, despite a dip in potash revenues from the previous year. Renewable energy royalties showed significant growth, with ARR’s revenue reaching $3.3 million, bolstered by the commissioning of new projects like the Canyon wind project.
For further insights into TSE:ALS stock, check out TipRanks’ Stock Analysis page.