TSX:ALS

Stock Analysis Report

Executive Summary

Altius Minerals Corporation operates as a diversified mining royalty, streaming, and mineral project generation company in Canada and Brazil.

Snowflake

Fundamentals

Excellent balance sheet with moderate growth potential.

Share Price & News

How has Altius Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.5%

TSX:ALS

1.6%

CA Metals and Mining

1.6%

CA Market


1 Year Return

-6.7%

TSX:ALS

21.6%

CA Metals and Mining

-0.3%

CA Market

ALS underperformed the Metals and Mining industry which returned 20.2% over the past year.

ALS underperformed the Market in Canada which returned -0.5% over the past year.


Share holder returns

ALSIndustryMarket
7 Day3.5%1.6%1.6%
30 Day3.7%1.7%4.1%
90 Day-10.8%10.5%1.1%
1 Year-5.3%-6.7%22.6%21.6%3.3%-0.3%
3 Year19.4%14.7%-10.6%-12.3%19.3%8.6%
5 Year-2.6%-7.7%2.3%-1.5%21.6%4.1%

Price Volatility Vs. Market

How volatile is Altius Minerals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Altius Minerals undervalued based on future cash flows and its price relative to the stock market?

8%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Altius Minerals's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Altius Minerals's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Altius Minerals is loss making, we can't compare its value to the CA Metals and Mining industry average.

Altius Minerals is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Altius Minerals, we can't assess if its growth is good value.


Price Based on Value of Assets

Altius Minerals is good value based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

How is Altius Minerals expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

21.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Altius Minerals's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Altius Minerals's earnings are expected to grow significantly at over 20% yearly.

Altius Minerals's revenues are expected to decrease over the next 1-3 years, this is below the Canada market average.

Altius Minerals's earnings growth is expected to exceed the Canada market average.

Altius Minerals's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Altius Minerals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Altius Minerals performed over the past 5 years?

19.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Altius Minerals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Altius Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Altius Minerals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Altius Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

Altius Minerals used its assets less efficiently than the CA Metals and Mining industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Altius Minerals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Altius Minerals's financial position?


Financial Position Analysis

Altius Minerals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Altius Minerals's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Altius Minerals's level of debt (27.5%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (44.6% vs 27.5% today).


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.3x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Whilst loss making Altius Minerals has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Altius Minerals has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -95.7% per year.


Next Steps

Dividend

What is Altius Minerals's current dividend yield, its reliability and sustainability?

1.75%

Current Dividend Yield


Dividend Yield and Payments Analysis

Altius Minerals's pays a lower dividend yield than the bottom 25% of dividend payers in Canada (1.99%).

Altius Minerals's dividend is below the markets top 25% of dividend payers in Canada (5.8%).

Whilst dividend payments have been stable, Altius Minerals has been paying a dividend for less than 10 years.

Dividend payments have increased, but Altius Minerals only paid a dividend in the past 4 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Altius Minerals's salary, the management and board of directors tenure and is there insider trading?

14.8yrs

Average management tenure


CEO

Brian Dalton (46yo)

22.3yrs

Tenure

CA$1,408,087

Compensation

Mr. Brian Francis Dalton co-founded Altius Minerals Corp. in 1997 and has been its Chief Executive Officer and President since June 1997. Mr. Dalton is an entrepreneur in the mining industry and built a su ...


CEO Compensation Analysis

Brian's remuneration is about average for companies of similar size in Canada.

Brian's compensation has increased whilst company is loss making.


Management Age and Tenure

14.8yrs

Average Tenure

48.5yo

Average Age

The average tenure for the Altius Minerals management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

10.9yrs

Average Tenure

57yo

Average Age

The average tenure for the Altius Minerals board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by Altius Minerals individual insiders in the past 3 months.


Recent Insider Transactions

BuyCA$29,12009 Sep 19
Ben Lewis
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares2,600
Max PriceCA$11.20
BuyCA$22,10003 Sep 19
André Gaumond
EntityIndividual
Shares2,000
Max PriceCA$11.05
BuyCA$33,54019 Aug 19
André Gaumond
EntityIndividual
Shares3,000
Max PriceCA$11.20
BuyCA$30,21622 May 19
James Ronald Strauss
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,400
Max PriceCA$12.59
BuyCA$17,07712 Apr 19
Chad Wells
EntityIndividual
Role
Head of Corporate Development
VP of Business Development & Corporate Secretary
Shares1,350
Max PriceCA$12.65
BuyCA$32,11711 Apr 19
Stephen Winter
EntityIndividual
Role
Other Key Executive
Vice President of Exploration
Shares2,550
Max PriceCA$12.70
BuyCA$6,40526 Mar 19
Ben Lewis
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares500
Max PriceCA$12.81
BuyCA$41,85304 Mar 19
Brian Dalton
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares3,500
Max PriceCA$11.96
BuyCA$33,04021 Feb 19
Ben Lewis
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares2,800
Max PriceCA$11.80
BuyCA$6,62007 Jan 19
Ben Lewis
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares600
Max PriceCA$11.03
BuyCA$4,86926 Dec 18
Stephen Winter
EntityIndividual
Role
Other Key Executive
Vice President of Exploration
Shares450
Max PriceCA$10.82
BuyCA$21,06825 Dec 18
9227-7094 Quebec Inc.
EntityCompany
Shares2,000
Max PriceCA$10.53
BuyCA$234,79325 Dec 18
André Gaumond
EntityIndividual
Shares22,400
Max PriceCA$10.68
BuyCA$19,72121 Dec 18
Chad Wells
EntityIndividual
Role
Head of Corporate Development
VP of Business Development & Corporate Secretary
Shares1,850
Max PriceCA$10.66
BuyCA$25,23421 Dec 18
Frederick Mifflin
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares2,296
Max PriceCA$11.24
SellCA$321,98927 Nov 18
Ben Lewis
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares24,864
Max PriceCA$12.95

Ownership Breakdown


Management Team

  • Brian Dalton (46yo)

    Co-Founder

    • Tenure: 22.3yrs
    • Compensation: CA$1.41m
  • John Baker (65yo)

    Co-Founder & Executive Chairman

    • Tenure: 12.8yrs
    • Compensation: CA$910.98k
  • Chad Wells (46yo)

    VP of Business Development & Corporate Secretary

    • Tenure: 16.6yrs
    • Compensation: CA$549.43k
  • Wanda Hearn-Dyke

    Executive Assistant

    • Tenure: 0yrs
  • Flora Wood

    Director of Investor Relations

    • Tenure: 0yrs
  • Stephen Winter

    Vice President of Exploration

    • Tenure: 12.9yrs
    • Compensation: CA$549.43k
  • Ben Lewis (51yo)

    Chief Financial Officer

    • Tenure: 12.9yrs
    • Compensation: CA$683.69k
  • Ben Lewis

    Controller

    • Tenure: 0yrs
  • Peter Butt

    Assistant Controller

    • Tenure: 2yrs

Board Members

  • Brian Dalton (46yo)

    Co-Founder

    • Tenure: 22.3yrs
    • Compensation: CA$1.41m
  • John Baker (65yo)

    Co-Founder & Executive Chairman

    • Tenure: 12.8yrs
    • Compensation: CA$910.98k
  • Anna Stylianides (54yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: CA$133.89k
  • Don Warr (74yo)

    Independent Director

    • Tenure: 12.8yrs
    • Compensation: CA$139.35k
  • Mike Walter

    Member of Advisory Board

    • Tenure: 0yrs
  • David Strong

    Member of Advisory Board

    • Tenure: 0yrs
  • Jean-Pierre Lefebvre

    Member of Advisory Board

    • Tenure: 0yrs
  • Dan Hansen

    Member of Advisory Board

    • Tenure: 0yrs
  • Fred Mifflin (60yo)

    Lead Independent Director

    • Tenure: 2yrs
    • Compensation: CA$177.85k
  • Jamie Ronald Strauss (49yo)

    Independent Director

    • Tenure: 8.9yrs
    • Compensation: CA$148.37k

Company Information

Altius Minerals Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Altius Minerals Corporation
  • Ticker: ALS
  • Exchange: TSX
  • Founded: 1997
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$489.874m
  • Shares outstanding: 42.78m
  • Website: https://altiusminerals.com

Number of Employees


Location

  • Altius Minerals Corporation
  • Kenmount Business Center
  • Suite 202
  • St. John's
  • Newfoundland and Labrador
  • A1B 3V7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALSTSX (The Toronto Stock Exchange)YesCommon SharesCACADOct 1997
VTMDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 1997
ATUS.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 1997
0UHCLSE (London Stock Exchange)YesCommon SharesGBCADOct 1997

Biography

Altius Minerals Corporation operates as a diversified mining royalty, streaming, and mineral project generation company in Canada and Brazil. The company owns royalty and streaming interests in 15 operatin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 23:30
End of Day Share Price2019/09/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.