Altius Minerals Corporation (T:ALS)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 38 Duffy Pl 2nd Floor ST. JOHNS NL A1B 4M5 |
| Tel: | N/A |
| Website: | https://www.altiusminerals.com |
| IR: | See website |
| Key People | ||
| John A. Baker Executive Chairman of the Board | Brian F. Dalton President, Chief Executive Officer, Director | Ben Lewis Chief Financial Officer, Senior Vice President |
| Stephanie Hussey Vice President - Finance | Flora Wood Vice President - Investor Relations | Lawrence Winter Vice President - Exploration |
| Chad S. Wells Vice President - Corporate Development - Project Generation, Corporate Secretary | Mark Raguz VP Corporate Development | |
| Business Overview |
| Altius Minerals Corporation is a mineral royalty, renewable energy royalty and mineral project generation company. The Company holds royalty interests in approximately 12 operating mines located across Canada and Brazil that produces copper, zinc, nickel, cobalt, potash, iron ore and thermal (electrical) coal. Its segments include Mineral Royalties, Project Generation and Renewable Royalties. Its Mineral Royalties segment consists of the acquisition and management of producing and development stage royalty and streaming interests. Its Project Generation segment consists of acquisition and early-stage exploration of mineral resource properties with a goal of vending the properties to third parties in exchange for early-stage royalties and minority equity or project interests. Its Renewable Royalties segments consists of majority interest holding in Altius Renewable Royalties Corp (ARR), which is focused on the acquisition and management of renewable energy investments and royalties. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Altius Minerals Corporation revenues decreased 32% to C$69M. Net income decreased 75% to C$9.5M. Revenues reflect Mineral Royalties segment decrease of 35% to C$63.1M, Project Generation segment decrease of 40% to C$3.1M. Net income also reflects (Loss) earnings from joint ventures decrease from C$1.8M (income) to C$1.8M (expense), Interest on long-term debt increase of 32% to C$9.3M (expense). |
| Employees: | 19 as of Dec 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $980.59M as of Dec 31, 2023 |
| Annual revenue (TTM): | $68.96M as of Dec 31, 2023 |
| EBITDA (TTM): | $47.13M as of Dec 31, 2023 |
| Net annual income (TTM): | $9.54M as of Dec 31, 2023 |
| Free cash flow (TTM): | $20.75M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 46,539,326 as of Apr 11, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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