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

Rewards

Earnings are forecast to grow 63.02% per year

Risk Analysis

No risks detected for ALS from our risk checks.


Snowflake Analysis

Mediocre 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

Stable Share Price: ALS is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ALS's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

13.5%

ALS

2.9%

CA Metals and Mining

0.8%

CA Market


1 Year Return

10.5%

ALS

40.2%

CA Metals and Mining

2.0%

CA Market

Return vs Industry: ALS underperformed the Canadian Metals and Mining industry which returned 39.5% over the past year.

Return vs Market: ALS exceeded the Canadian Market which returned 1.8% over the past year.


Shareholder returns

ALSIndustryMarket
7 Day13.5%2.9%0.8%
30 Day12.3%-3.6%10.5%
90 Day21.2%-8.4%9.7%
1 Year12.8%10.5%41.3%40.2%5.7%2.0%
3 Year-1.0%-6.1%49.6%46.4%13.9%2.9%
5 Year34.1%24.6%147.3%139.7%58.5%34.3%

Long-Term 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?

1.92x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ALS (CA$12.68) is trading above our estimate of fair value (CA$10.12)

Significantly Below Fair Value: ALS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ALS is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.

PE vs Market: ALS is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ALS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ALS is good value based on its PB Ratio (1.9x) compared to the CA Metals and Mining industry average (2.7x).


Next Steps

Future Growth

How is Altius Minerals forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

63.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: ALS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ALS's is expected to become profitable in the next 3 years.

Revenue vs Market: ALS's revenue (1.9% per year) is forecast to grow slower than the Canadian market (6.9% per year).

High Growth Revenue: ALS's revenue (1.9% 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

  • Explore growth companies in the Materials industry.

Past Performance

How has Altius Minerals performed over the past 5 years?

32.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALS is currently unprofitable.

Growing Profit Margin: ALS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ALS is unprofitable, but has reduced losses over the past 5 years at a rate of 32.7% per year.

Accelerating Growth: Unable to compare ALS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ALS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (93.2%).


Return on Equity

High ROE: ALS has a negative Return on Equity (-8.48%), as it is currently unprofitable.


Next Steps

Financial Health

How is Altius Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: ALS's short term assets (CA$27.7M) exceed its short term liabilities (CA$27.1M).

Long Term Liabilities: ALS's short term assets (CA$27.7M) do not cover its long term liabilities (CA$176.8M).


Debt to Equity History and Analysis

Debt Level: ALS's debt to equity ratio (40.2%) is considered high.

Reducing Debt: ALS's debt to equity ratio has increased from 19.7% to 40.2% over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: Whilst unprofitable ALS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ALS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 39.7% per year.


Next Steps

Dividend

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

1.58%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALS's dividend (1.58%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.6%).

High Dividend: ALS's dividend (1.58%) is low compared to the top 25% of dividend payers in the Canadian market (5.29%).


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 6 years.


Current Payout to Shareholders

Dividend Coverage: ALS is paying a dividend but the company is unprofitable.


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

  • Explore strong dividend paying companies in the Materials industry.

Management

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

16.0yrs

Average management tenure


CEO

Brian Dalton (47 yo)

23.5yrs

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 ($USD1.11M) is about average for companies of similar size in the Canadian market ($USD857.81K).

Compensation vs Earnings: Brian's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
John Baker
Co-Founder & Executive Chairman14.08yrsCA$919.20k1.5%
CA$ 7.8m
Brian Dalton
Co-Founder23.5yrsCA$1.42m3.27%
CA$ 16.9m
Ben Lewis
Chief Financial Officer14.17yrsCA$690.40k0.12%
CA$ 633.4k
Chad Wells
VP of Business Development & Corporate Secretary17.83yrsCA$555.00k0.29%
CA$ 1.5m
Stephen Winter
Vice President of Exploration14.17yrsCA$555.00k0.21%
CA$ 1.1m
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 Controller3.25yrsno datano data

16.0yrs

Average Tenure

49.5yo

Average Age

Experienced Management: ALS's management team is seasoned and experienced (16 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Baker
Co-Founder & Executive Chairman14.08yrsCA$919.20k1.5%
CA$ 7.8m
Brian Dalton
Co-Founder23.5yrsCA$1.42m3.27%
CA$ 16.9m
Hugh Mogensen
Member of Advisory Boardno datano datano data
Anna Stylianides
Independent Director5.58yrsCA$148.45k0.11%
CA$ 562.0k
Donald Warr
Independent Director15.08yrsCA$150.34k0.25%
CA$ 1.3m
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 Director6.92yrsCA$188.84k0.11%
CA$ 560.7k
Brent Cook
Member of Advisory Boardno datano datano data
James Ronald Strauss
Independent Director10.17yrsCA$159.38k0.070%
CA$ 359.9k

12.1yrs

Average Tenure

58yo

Average Age

Experienced Board: ALS's board of directors are seasoned and experienced ( 12.1 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$516.647m
  • Shares outstanding: 41.46m
  • 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 Analysis2020/12/05 00:30
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
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.