Altius Minerals expects higher Q3 royalty revenue as copper prices rise

Altius Minerals (AB)

15/10/2025 22:18

Overview

Altius expects Q3 2025 royalty revenue of CAD 21.2 mln

Base and battery metals revenue rises to CAD 7.4 mln due to higher realized prices

Potash revenue increases to CAD 5.5 mln on higher prices and volumes

Outlook

Altius did not provide specific future guidance

Result Drivers

COPPER PRICES - Base and battery metals revenue rose to CAD 7.4 mln due to higher realized copper prices and stream deliveries at Chapada

POTASH VOLUMES - Potash revenue increased to CAD 5.5 mln, reflecting higher realized prices and attributable volumes

RENEWABLE ENERGY - Renewable energy revenue of CAD 3.3 mln reflects ramp up of operational projects and financing income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Attributable Royalty Revenue
C$21.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the diversified mining peer group is "buy"

Wall Street's median 12-month price target for Altius Minerals Corp is C$36.00, about 6.9% above its October 15 closing price of C$33.50

The stock recently traded at 78 times the next 12-month earnings vs. a P/E of 70 three months ago

Press Release: ID:nBw6mD0DLa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)