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 Minerals Corporation (OTCQX: ATUSF) regularly publishes detailed news updates that reflect its role as a royalty-focused company in the mining and natural resources sector. Its releases cover developments across a diversified portfolio of royalties and investments tied to commodities such as copper, potash, iron ore, gold, battery metals and renewable-based electricity.
News items often highlight quarterly financial results, including attributable royalty revenue by category, adjusted earnings and cash flow, along with commentary on how commodity prices, volumes and specific royalty assets have influenced performance. Altius also reports on capital allocation decisions such as dividends, normal course issuer bids and debt repayments, giving investors insight into its approach to balance sheet management.
A significant portion of Altius news focuses on transactions and project-level milestones. Examples include the sale or partial sale of NSR royalties, arbitration outcomes defining royalty lands, and updates on projects where it holds royalties, such as the Arthur Gold Project, the Kami iron ore project and the Curipamba project. The company also reports on its Project Generation activities, including new equity investments in junior explorers, option and sale agreements for exploration projects and drilling or exploration updates from partner-funded programs.
In addition, Altius issues releases on corporate developments, such as board and management changes and the renewal of its share repurchase program. For investors and followers of the mining royalty space, the ATUSF news feed provides a centralized view of how Altius is evolving its royalty portfolio, managing its junior equities holdings and responding to broader trends in mining, energy transition and resource demand.
Altius Minerals Corporation (ATUSF: OTCQX) reported a record Q1 2022 attributable royalty revenue of
On April 14, 2022, Altius Minerals Corporation announced that Fairfax Financial Holdings exercised 6,670,000 common share purchase warrants at $15 each, generating gross proceeds of $100 million. Fairfax opted to pay the exercise price by surrendering $100 million in preferred securities for cancellation. Following this transaction, Fairfax will own 6,670,000 common shares, representing 13.94% of Altius's issued shares. This move eliminates outstanding warrants and preferred securities while establishing Fairfax as a major shareholder, supporting the long-term growth strategy of Altius.
Altius Minerals Corporation (ATUSF) reported a significant increase in the market value of its equities portfolio, rising to $67.3 million as of March 31, 2022, up from $55.5 million on December 31, 2021. This growth is attributed to payments received from three public issuers for projects sold by Altius. Notably, Altius has increased its stake in Orogen Royalties Inc. to 16.45%, while also making additional investments in several mining ventures, including Adventus Mining Corp. and Gungnir Resources Inc.
Altius Minerals Corporation (ATUSF) reported a record revenue of $81.7 million for 2021, up from $60 million in 2020. Fourth-quarter revenue was $22.6 million, compared to $21.5 million in Q4 2020. Attributable royalty revenue increased by 24% to $83.9 million or $2.03 per share. Adjusted EBITDA rose 27% to $67 million with an EBITDA margin of 80%. Net earnings were $38.3 million or $0.97 per share, compared to a net loss of $26.2 million in 2020. The company declared a quarterly dividend of $0.07 per share.
Altius Minerals Corporation (ATUSF) has reported significant mineral exploration discoveries related to its Chapada 3.7% copper stream interest and Silicon 1.5% NSR royalty. Lundin Mining's recent drill results from its Chapada operation in Brazil revealed high-grade copper and gold discoveries at the Saúva site, with grades exceeding current ore being processed. Meanwhile, AngloGold Ashanti announced a maiden inferred resource of 3.37 million ounces of gold at the Silicon Project in Nevada. These developments may influence production and expansion strategies for Altius.
Altius Minerals Corporation (ATUSF) announced the completion of a transaction with Labrador Uranium Inc. (LUR) on February 22, 2022. Altius Resources Inc., a subsidiary, transferred its interests in the Central Mineral Belt Uranium-Copper Project and the Notakwanon Uranium Project to LUR. In return, Altius received 8,000,000 common shares of LUR and a 2% gross overriding royalty on the projects. This acquisition gives Altius approximately 16.8% of LUR's total shares. The shares are under a hold period expiring in four months and one day.
Altius Minerals Corporation (ATUSF) reported a record 2021 annual attributable royalty revenue of
Altius Minerals Corporation (ATUSF) reported
Altius reported attributable royalty revenue of $20.8 million for Q3 2021, a 28% increase from Q3 2020. Year-to-date revenue reached $60.5 million, up 33% year-over-year. Adjusted EBITDA for the quarter was $16.9 million with an 81% margin. Net earnings were $9.76 million versus a loss of $39.79 million in Q3 2020. Cash and equivalents increased to $100.1 million. The board declared a quarterly dividend of $0.07 per share, payable on December 15, 2021. The company continues to focus on enhancing shareholder value through debt reduction and dividends.
Altius Minerals Corporation (ATUSF) anticipates quarterly royalty revenue of approximately