Altius Minerals (ALS) AI Stock Analysis

• Market Cap: C$1.68B
• Dividend Yield: 0.97%
• Average Volume (3M): 80.81K
• Price to Earnings (P/E): 16.9
• Beta (1Y): 0.82
• 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: 108,049
• 30 Day Avg. Volume: 80,814
• 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$36.67
• Price Target Upside: -3.93% Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: C$39.00 ▲(2.17% Upside)

Altius Minerals' strong financial performance and positive technical indicators are the primary drivers of its score. While valuation is moderate, the earnings call presents a mixed outlook with both positive developments and challenges. The absence of significant corporate events further solidifies the current assessment.

Positive Factors

Strong Balance Sheet

A strong balance sheet with low leverage provides Altius Minerals with financial stability and flexibility to pursue growth opportunities and weather economic downturns.

Renewable Royalty Business Growth

Growth in the renewable royalty business positions Altius to capitalize on the global shift towards renewable energy, providing a sustainable revenue stream and diversification.

Improved Liquidity

Enhanced liquidity allows Altius to invest in strategic opportunities, manage debt, and support shareholder returns, bolstering its long-term financial health.

Negative Factors

Revenue Decline

The decline in royalty revenue suggests challenges in maintaining top-line growth, which could impact profitability and limit resources for future investments.

Management Changes

Significant management changes can lead to strategic shifts and operational disruptions, potentially affecting long-term business continuity and investor confidence.

Challenges in Renewable Sector

Uncertainty in the renewable sector due to policy changes may hinder growth prospects and affect Altius's ability to capitalize on its renewable energy investments.

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 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 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: 38.17
• 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 38.17 is above the 20-day moving average (MA) of 35.15, above the 50-day MA of 32.82, and above the 200-day MA of 28.20, indicating a bullish trend. The MACD of 1.37 indicates Negative momentum. The RSI at 72.95 is Negative, neither overbought nor oversold. The STOCH value of 96.84 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	79 Outperform	C$1.37B	8.37	33.49%	6.60%	73.61%	119.38%
ALS	72 Outperform	C$1.68B	16.94	18.70%	0.97%	-13.16%	588.65%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SKE	52 Neutral	C$2.80B	-15.31	-115.88%	―	―	-0.21%
SGML	50 Neutral	$829.05M	―	-42.91%	―	-25.68%	-637.02%
LAC	49 Neutral	$1.77B	―	-8.20%	―	―	―
FOM	46 Neutral	C$1.89B	―	-1.11%	―	―	7.35%

Altius Minerals Corporate Events

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.

The most recent analyst rating on (TSE:ALS) stock is a Buy with a C$37.00 price target. To see the full list of analyst forecasts on Altius Minerals stock, see the TSE:ALS Stock Forecast page.

Altius Minerals Reports 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.

The most recent analyst rating on (TSE:ALS) stock is a Hold with a C$32.00 price target. To see the full list of analyst forecasts on Altius Minerals stock, see the TSE:ALS Stock Forecast page.

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.

The most recent analyst rating on (TSE:ALS) stock is a Hold with a C$32.00 price target. To see the full list of analyst forecasts on Altius Minerals stock, see the TSE:ALS Stock Forecast page.

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’ Earnings Call: Mixed Sentiments and Strategic Moves

Altius Minerals’ Latest Earnings Call: A Mixed Bag of Achievements and Challenges

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.