Welcome to our dedicated page for Altius Mnrls news (Ticker: ATUSF), a resource for investors and traders seeking the latest updates and insights on Altius Mnrls stock.
Altius Mnrls (ATUSF) provides investors with comprehensive updates on mineral exploration activities and resource development strategies through this dedicated news hub. Track official press releases, operational milestones, and strategic announcements from the company focused on geological surveying and mineral rights acquisition.
This resource centralizes critical updates including project evaluations, partnership developments, and corporate governance news. Investors gain timely access to operational decisions impacting ATUSF's exploration portfolio while analysts benefit from structured disclosure of technical advancements in mineral assessment methodologies.
All content undergoes verification to ensure alignment with financial reporting standards. Users can monitor updates ranging from preliminary exploration findings to strategic asset management decisions without promotional bias. The curated format enables efficient tracking of ATUSF's progress in identifying viable mineral deposits across diverse geological regions.
Bookmark this page for direct access to validated information about Altius Mnrls' exploration initiatives and corporate developments. Check regularly for updates reflecting the company's ongoing efforts in mineral resource identification and strategic project evaluation.
Altius Minerals Corporation (ATUSF: OTCQX) reported an expected Q1 2023 attributable royalty revenue of
Altius Minerals Corporation (ATUSF) has reported a market value of $51.8 million in its public junior equities portfolio as of March 31, 2023, up from $50.3 million at year-end 2022. The company received $2.8 million in cash proceeds following a liquidation distribution from Alderon Iron Ore Corp. Altius estimates 270,000 metres of exploration and resource delineation drilling in 2023 across multiple projects. Key portfolio updates include Orogen Royalties’ positive cash flow report, AbraSilver's expansion of its drilling program by 22,000 metres, and promising results from Surge Copper Corp. and Sokoman Minerals. Altius continues to strengthen its portfolio with new projects and strategic alliances, while maintaining a focus on sustainability-related growth trends.
Altius Minerals Corporation (ATUSF) reported a record revenue of $102.0 million for 2022, up from $81.7 million in 2021, driven by increased commodity prices. For Q4 2022, revenue was $21.7 million, a slight decrease from $22.6 million year-over-year. The attributable royalty revenue rose to $103.5 million ($2.27 per share), a 23% increase from 2021. Adjusted EBITDA for the year was $89.7 million ($1.97 per share), up 34% from the previous year. Despite strong revenue growth, net earnings declined to $39.5 million ($0.82 per share) from $38.3 million ($0.97 per share) in 2021 due to negative fair value adjustments on derivatives. A quarterly dividend of $0.08 per share has been declared.
Adia Resources has applied for three Mineral Exploration Licences in Manitoba, expanding its land position to 145,000 hectares. The new licences target potential for lithium, rare earth elements (REE), and gold. Historical data indicates significant lithium-bearing pegmatite occurrences nearby, including a notable 1.59% Li2O concentration. The Cinder Lake complex on the Lynx property may also host critical REE mineralization, while the surrounding area shows promising gold prospects. Adia aims to explore its multi-commodity potential, seeking partners to advance exploration. The company is backed by its largest shareholder, Altius Minerals Corp (ATUSF).
Altius Minerals Corporation (TSX: ALS, OTCQX: ATUSF) anticipates a record 2022 annual attributable royalty revenue of
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