Canada's Altius Minerals Q4 adjusted EPS beats estimates

Overview

• Canada royalty asset manager's Q4 adjusted EPS beat analyst expectations

• Company completed acquisition of Lithium Royalty Corp, expanding royalty portfolio

• Q4 net income fell yr/yr

Outlook

• Company did not provide specific guidance for future quarters or full-year 2026 in the press release

Result Drivers

• COMMODITY PRICES - Higher potash and base metal prices, along with copper stream deliveries and growth in renewables, contributed to increased royalty revenue

• ASSET SALE - Gain on sale of Arthur Gold royalty interest significantly increased net earnings

• PORTFOLIO EXPANSION - Acquisition of Lithium Royalty Corp. added new lithium royalty revenue

Company press release: ID:nBw5tdfSna

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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$47.00, about 3.7% above its March 9 closing price of C$45.31

• The stock recently traded at 67 times the next 12-month earnings vs. a P/E of 77 three months ago

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