- Altius Minerals reported an adjusted EBITDA of C$9.3 million for the fourth quarter, outperforming the estimated C$8.98 million.
- The company’s royalty revenue for the quarter was C$13.5 million, representing a 15% decline year-over-year.
- According to CEO Brian Dalton, revenue trends reflected higher base metal prices and increased dividends from iron ore.
- Growth in the renewable royalty portfolio contributed positively to the revenue.
- The company experienced lower revenue from potash and coal, partly due to the closure of the Genesee Mine.
- Altius Minerals has received 6 buy recommendations and 1 hold recommendation, with no sell ratings.
A look at Altius Minerals Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Altius Minerals Corporation, a company that focuses on acquiring and developing mineral properties in Eastern Canada, has received a mixed bag of Smart Scores. With a Value score of 3, Altius Minerals is deemed to have moderate value potential. Additionally, the company scores a 2 in both Dividend and Growth categories, suggesting room for improvement in these areas. On the bright side, Altius Minerals demonstrates decent Resilience with a score of 3, indicating a somewhat stable position. Furthermore, with a Momentum score of 4, Altius Minerals appears to be gaining positive traction in the market.
Considering the Smartkarma Smart Scores, Altius Minerals may need to focus on enhancing its dividend payouts and fostering growth opportunities to further strengthen its position in the mineral exploration industry. However, the company’s resilience and momentum show promise for its long-term outlook.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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