Canada's Altius Minerals expects Q4 royalty revenue to rise to C$20.6 mln

Overview

• Canada's Altius Minerals expects Q4 royalty revenue to rise to C$20.6 mln from C$13.5 mln in 2024

• Company to acquire Lithium Royalty Corp. for C$520 mln, closing expected in March 2026

• Great Bay Renewables committed US$96 mln in new royalty investments in Q4 2025

Outlook

• Altius expects to close LRC acquisition in March 2026

• Great Bay Renewables expects Lotus Wind project operations in Q2 2026

Result Drivers

• BASE & BATTERY METALS - Higher realized prices and consistent copper deliveries at Chapada boosted revenue

• POTASH REVENUE - Maintenance shutdowns impacted Q4 production volumes, affecting revenue

• ELECTRICITY REVENUE - Continued ramp-up of projects and financing activities drove electricity revenue

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the diversified mining peer group is "buy"

• Wall Street's median 12-month price target for Altius Minerals Corp is C$42.00, about 8.7% below its January 26 closing price of C$46.00

• The stock recently traded at 76 times the next 12-month earnings vs. a P/E of 79 three months ago

Press Release: ID:nBwkNxzJa

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