Canada's Altius Minerals Q4 adjusted EPS beats estimates

Altius Minerals (AB)

10/03/2026 21:16

Corrects Q4 Adjusted EBITDA to C$15.6 mln from C$45.8 mln in table, adds temporal context to the LRC acquisition in Overview and removes it from Result Drivers

Overview

Canada royalty asset manager's Q4 adjusted EPS beat analyst expectations

Company completed acquisition of Lithium Royalty Corp in the current quarter, expanding royalty portfolio

Q4 net income fell yr/yr

Outlook

Company did not provide specific guidance for future quarters or full-year 2026 in the press release

Result Drivers

COMMODITY PRICES - Higher potash and base metal prices, along with copper stream deliveries and growth in renewables, contributed to increased royalty revenue

ASSET SALE - Gain on sale of Arthur Gold royalty interest significantly increased net earnings

Company press release: ID:nBw5tdfSna

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
Beat
C$0.24
C$0.15 (3 Analysts)
Q4 Net Income
C$22.5 mln
Q4 Adjusted EBITDA
C$15.6 mln
Q4 Dividend
C$0.10


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "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$47.00, about 3.7% above its March 9 closing price of C$45.31

The stock recently traded at 67 times the next 12-month earnings vs. a P/E of 77 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)