|Bid||11.76 x 0|
|Ask||11.85 x 0|
|Day's Range||11.74 - 12.05|
|52 Week Range||10.04 - 14.80|
|Beta (3Y Monthly)||1.12|
|PE Ratio (TTM)||18.68|
|Earnings Date||Mar 13, 2019|
|Forward Dividend & Yield||0.16 (1.33%)|
|1y Target Est||16.88|
Altius Minerals Corporation (“Altius”) (ALS:TSX, ATUSF:OTCQX) is pleased to announce that its recently formed subsidiary, Altius Renewable Royalties Corp. (“ARR”), has entered into a transaction with Tri Global Energy, LLC (“TGE”), to gain future royalties related to a portfolio of wind energy development projects. Dallas-based Tri Global Energy is a leading developer of wind energy in the U.S. TGE’s goal is to develop clean energy through the development of wind energy projects.
During the meeting, Altius delivered a letter addressed to the LIORC board of directors that outlined certain specific shareholder concerns. The primary purpose of the meeting was to request that the board of LIORC pay out excess cash on its balance sheet and resume a commitment to its passive, flow-through business mandate. Altius’ investment in LIORC is predicated upon LIORC adhering to a commitment to serve as a passive flow-through vehicle for royalties and equity dividends related to the operations of the Iron Ore Company of Canada (“IOC”).
Altius Minerals Corporation (“Altius” or the “Company”) (ALS:TSX, ATUSF:OTC QX) reports that Guy Bentinck has tendered his resignation from the Board of Directors of Altius. Mr. Bentinck was a board nominee of Fairfax Financial Holdings Limited as per rights it was granted in relation to its ongoing $100 million preferred securities investment in Altius. Altius also wishes to advise that it has received requests from both the Government of Alberta and the Government of Canada for extensions of time to provide statements of defense to the lawsuit filed against them by the Genesee Royalty Limited Partnership, of which Altius is indirectly the general partner.
Altius Minerals Corporation reports that it has entered into an agreement to acquire a 2% Net Smelter Return Royalty covering the Curipamba copper-gold-zinc project from Resource Capital Fund VI L.P.
Altius Minerals Corporation reports that it will release audited financial results for its three month and twelve month period ended December 31, 2018 on March 12, 2019 after the close of market, with a conference call to follow March 13, 2019 at 9:00 am ET.
Altius Minerals Corporation (TSE:ALS) is a small-cap stock with a market capitalization of CA$483m. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they Read More...
Altius Minerals Corporation (“Altius”) (ALS:TSX) is pleased to provide an update on its project generation (“PG”) business activities and performance of its related junior equities portfolio for the fourth quarter and full year 2018. 2018 was a very productive year for the Altius project generation business, with sale or partnering transactions completed relating to a record 25 of its mineral properties. All of the project transactions have resulted in the creation of early stage royalties in favour of Altius in addition to either share or cash payments and work commitments by the incoming partners.
Altius Minerals Corporation's (TSE:ALS) announced its latest earnings update in December 2017, which indicated that the business finally turned profitable after delivering losses on average over the past few years. Read More...
OTCQX: ATUSF) reports that the Genesee Limited Partnership (“Genesee LP”), of which Altius is the General Partner, has filed suit against the governments of Alberta and Canada. The suit claims $190 million in damages while describing actions that it feels were tantamount to expropriation of its royalty interest in the integrated Genesee mine and power plant in Alberta. In 2014, Altius made a significant investment in the royalty from the coal that underpins the integrated Genesee mine and power plant in Alberta, Canada.
Brian Dalton became the CEO of Altius Minerals Corporation (TSE:ALS) in 1997. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, we’ll Read More...
Altius Minerals Corporation reports attributable royalty revenue of $17.1 million for the quarter ended September 30, 2018 compared to $16.5 million in the previous quarter and $17.9 million in the comparable prior year quarter ended October 31, 2017.
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Altius Minerals Corporation (TSE:ALS) has paid a dividend to shareholders Read More...
Altius Minerals Corporation reports that it will release financial results for its third quarter of 2018 on November 7, 2018 after the close of market. The Q3 2018 results for the period ended September 30, 2018 will be presented in comparison with the three-month period ended October 31, 2017 as a result of the recent conversion to a calendar year end.
Altius Minerals Corporation is pleased to provide an update on its Project Generation business activities and its public junior equities portfolio. The market value of the junior equities portfolio at September 30, 2018 was $67.8 million, compared to $60.3 million at June 30, 2018.
Altius Minerals Corporation (“Altius”) (ALS:TSX) is pleased to announce that it has incorporated a private company, Adia Resources Inc. (“Adia”), for the purpose of accelerating the ongoing exploration and advancement of the Lynx Diamond Project (the “Project”), the first discovery of diamonds in Manitoba. As a prelude to the advancement of the Project, Adia was formed to carry out exploration work on the Project. The option held by Altius to earn a 100% interest in the Project has been assigned to Adia in exchange for 5,000,000 common shares of Adia.
Altius Minerals Corporation (“Altius”) today announces that it and Royal Gold Inc. (“Royal Gold”) have entered into an agreement with Vale Canada Limited and certain of its subsidiaries (collectively, the “Parties”) to comprehensively settle litigation related to calculation of the royalty in respect of all concentrates produced from the Voisey’s Bay mine in Newfoundland and Labrador, Canada. The Voisey’s Bay 3% net smelter return royalty is directly owned by the Labrador Nickel Royalty Limited Partnership (“LNRLP”), of which Altius is a 10% owner. The remaining 90% interest in LNRLP is owned by a subsidiary of Royal Gold.
I am writing today to help inform people who are new to the stock market and want to begin learning the link between company’s fundamentals and stock market performance. AltiusRead More...
Altius Minerals Corporation (“Altius”) is pleased to announce that it has renewed its Normal Course Issuer Bid (“NCIB”) and it may purchase at market price up to 814,972 common shares (“Shares”), being 1.89% of its 43,215,026 issued and outstanding shares as of August 10, 2018, by way of a normal course issuer bid (“NCIB”) through the facilities of the Toronto Stock Exchange (“TSX”). The NCIB will commence August 22, 2018 and will end no later than August 21, 2019.
Altius Minerals Corporation reports attributable royalty revenue of $16.5 million for the quarter ended June 30, 2018 compared to $15.1 million for the three month period ended July 31, 2017 and total revenue of $16.8 million for the quarter ended June 30, 2018 compared to $15.4 million for the three month period ended July 31, 2017.
TORONTO , July 17, 2018 /CNW/ - Adventus Zinc Corporation ("Adventus Zinc" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement (the "Offering") pursuant to which the Company issued 10,266,925 common shares of the Company (the "Shares") at a price of $0.90 per Share (the "Offering Price"), representing total gross proceeds of approximately C$9.2 million . Wheaton Precious Metals Corp. ("Wheaton," TSX: WPM, NYSE: WPM) was the largest participant in the Offering, which also included Adventus Zinc's existing strategic shareholders Greenstone Resources II LP and Altius Resource Inc., a subsidiary of Altius Minerals Corporation (ALS.TO) (insiders of Adventus Zinc with existing participation rights subscribed for a total of 2,840,200 Shares under the Offering).