TSX:ALS

Stock Analysis Report

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Executive Summary

Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada and Brazil. More Details


Snowflake Analysis

Moderate growth potential with mediocre balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ALS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.9%

ALS

-0.8%

CA Metals and Mining

-0.6%

CA Market


1 Year Return

-9.5%

ALS

48.4%

CA Metals and Mining

-7.7%

CA Market

Return vs Industry: ALS underperformed the Canadian Metals and Mining industry which returned 48.4% over the past year.

Return vs Market: ALS underperformed the Canadian Market which returned -7.7% over the past year.


Shareholder returns

ALSIndustryMarket
7 Day-1.9%-0.8%-0.6%
30 Day-11.9%3.9%-1.1%
90 Day0.4%20.3%5.6%
1 Year-7.6%-9.5%49.6%48.4%-4.4%-7.7%
3 Year-7.9%-12.4%61.1%58.0%9.1%-1.5%
5 Year-7.3%-13.7%199.8%190.9%44.6%22.4%

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 compared to its fair value and its price relative to the market?

16.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALS (CA$10.35) is trading below our estimate of fair value (CA$12.38)

Significantly Below Fair Value: ALS is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ALS is poor value based on its PE Ratio (31.4x) compared to the CA Metals and Mining industry average (26.3x).

PE vs Market: ALS is poor value based on its PE Ratio (31.4x) compared to the Canadian market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: ALS is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: ALS is good value based on its PB Ratio (1.4x) compared to the CA Metals and Mining industry average (3x).


Next Steps

Future Growth

How is Altius Minerals forecast 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 Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALS's forecast earnings growth (21.7% per year) is above the savings rate (1.7%).

Earnings vs Market: ALS's earnings (21.7% per year) are forecast to grow slower than the Canadian market (23.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALS's revenue (6.1% per year) is forecast to grow faster than the Canadian market (5.6% per year).

High Growth Revenue: ALS's revenue (6.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ALS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Altius Minerals performed over the past 5 years?

36.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALS has a large one-off gain of CA$5.4M impacting its June 30 2020 financial results.

Growing Profit Margin: ALS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ALS has become profitable over the past 5 years, growing earnings by 36.8% per year.

Accelerating Growth: ALS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ALS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (56.4%).


Return on Equity

High ROE: ALS's Return on Equity (3.7%) is considered low.


Next Steps

Financial Health

How is Altius Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: ALS's short term assets (CA$38.9M) exceed its short term liabilities (CA$28.0M).

Long Term Liabilities: ALS's short term assets (CA$38.9M) do not cover its long term liabilities (CA$180.9M).


Debt to Equity History and Analysis

Debt Level: ALS's debt to equity ratio (37.9%) is considered satisfactory.

Reducing Debt: ALS's debt to equity ratio has increased from 22.6% to 37.9% over the past 5 years.

Debt Coverage: ALS's debt is well covered by operating cash flow (23.9%).

Interest Coverage: ALS's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


Next Steps

Dividend

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

1.93%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALS's dividend (1.93%) is higher than the bottom 25% of dividend payers in the Canadian market (1.73%).

High Dividend: ALS's dividend (1.93%) is low compared to the top 25% of dividend payers in the Canadian market (5.73%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ALS has been paying a dividend for less than 10 years.

Growing Dividend: ALS's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60.6%), ALS's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

15.8yrs

Average management tenure


CEO

Brian Dalton (47 yo)

23.25yrs

Tenure

CA$1,423,600

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD1.07M) is about average for companies of similar size in the Canadian market ($USD867.50K).

Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
John Baker
Co-Founder & Executive Chairman13.83yrsCA$919.20k1.5%
CA$ 6.4m
Brian Dalton
Co-Founder23.25yrsCA$1.42m3.27%
CA$ 14.0m
Ben Lewis
Chief Financial Officer13.92yrsCA$690.40k0.12%
CA$ 526.1k
Chad Wells
VP of Business Development & Corporate Secretary17.58yrsCA$555.00k0.29%
CA$ 1.2m
Stephen Winter
Vice President of Exploration13.92yrsCA$555.00k0.21%
CA$ 906.7k
Flora Wood
Director of Investor Relationsno datano datano data
Sandra Lewis
Controllerno datano datano data
Wanda Hearn-Dyke
Executive Assistantno datano datano data
Stephanie Hussey
Director of Finance - Royalty Divisionno datano datano data
Peter Butt
Assistant Controller3yrsno datano data

15.8yrs

Average Tenure

49.5yo

Average Age

Experienced Management: ALS's management team is seasoned and experienced (15.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Baker
Co-Founder & Executive Chairman13.83yrsCA$919.20k1.5%
CA$ 6.4m
Brian Dalton
Co-Founder23.25yrsCA$1.42m3.27%
CA$ 14.0m
Hugh Mogensen
Member of Advisory Boardno datano datano data
Anna Stylianides
Independent Director5.33yrsCA$148.45k0.11%
CA$ 466.8k
Donald Warr
Independent Director14.83yrsCA$150.34k0.25%
CA$ 1.1m
Michael Walter
Member of Advisory Boardno datano datano data
David Strong
Member of Advisory Boardno datano datano data
Jean-Pierre Lefebvre
Member of Advisory Boardno datano datano data
Dan Hansen
Member of Advisory Boardno datano datano data
Frederick Mifflin
Lead Independent Director6.67yrsCA$188.84k0.11%
CA$ 465.7k
Brent Cook
Member of Advisory Boardno datano datano data
James Ronald Strauss
Independent Director9.92yrsCA$159.38k0.070%
CA$ 299.0k

11.9yrs

Average Tenure

58yo

Average Age

Experienced Board: ALS's board of directors are seasoned and experienced ( 11.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$429.009m
  • Shares outstanding: 41.45m
  • Website: https://altiusminerals.com

Number of Employees


Location

  • Altius Minerals Corporation
  • 38 Duffy
  • 2nd Floor
  • St. John's
  • Newfoundland and Labrador
  • A1B 4M5
  • 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 and streaming company in Canada and Brazil. The company owns royalty and streaming interests in 15 operating mines covering copper, zinc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/22 05:52
End of Day Share Price2020/09/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.