Canada's Altius Minerals Q2 revenue drops 50%

Altius Minerals (AB)

11/08/2025 22:13

Overview

Altius Minerals Q2 2025 revenue falls to C$9.8 mln from C$19.5 mln in Q2 2024

Attributable royalty revenue drops to C$12.7 mln, impacted by lower potash volumes

Adjusted EPS of C$0.03 misses analyst expectations, adjusted EBITDA also misses

Company raises quarterly dividend by 11% to C$0.10 per share

Outlook

Company expects record global potash demand in 2025

Altius anticipates 50% increase in copper production from Saúva deposit

Company sees potential increased demand due to sustainability trends

Result Drivers

LOWER POTASH VOLUMES - Co attributes revenue decline to lower potash volumes and reduced iron ore dividends

BASE METAL PRICES - Higher base metal prices partially offset revenue decline

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
C$9.8 mln
Q2 Adjusted EPS
Miss
C$0.03
C$0.04 (6 Analysts)
Q2 Adjusted Net Income
C$1.60 mln
Q2 Net Income
C$5.50 mln
Q2 Adjusted EBITDA
Miss
C$7.50 mln
C$9 mln (3 Analysts)
Q2 Dividend
C$0.1


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$35.00, about 13.9% above its August 8 closing price of C$30.15

The stock recently traded at 74 times the next 12-month earnings vs. a P/E of 80 three months ago

Press Release: ID:nBw6tTFj1a

(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.)