TSX:ALSMetals and Mining
Altius Minerals (TSX:ALS) Stock Faces Commodity Questions After Record Royalties
Altius Minerals stock came into this earnings print with a solid recent run, including a 90 day gain of about 11.7%, and it closed yesterday at CA$63.15. The headline this quarter is simple. Royalty revenue hit a record CA$30 million and helped push net earnings to CA$8.6 million or CA$0.16 per share.
For a royalty and streaming focused miner, that combination of record top line royalties and higher adjusted earnings before interest, tax, depreciation and amortization sets the stage for how...