|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||19.74|
|Forward Dividend & Yield||0.12 (1.31%)|
|1y Target Est||N/A|
Altius Minerals Corporation (“Altius”) (ALS:TSX, ATUSF:OTCQX) is pleased to announce that its recently formed subsidiary, Altius Renewable Royalties Corp. (“ARR”), has entered into a transaction with Tri Global Energy, LLC (“TGE”), to gain future royalties related to a portfolio of wind energy development projects. Dallas-based Tri Global Energy is a leading developer of wind energy in the U.S. TGE’s goal is to develop clean energy through the development of wind energy projects.
During the meeting, Altius delivered a letter addressed to the LIORC board of directors that outlined certain specific shareholder concerns. The primary purpose of the meeting was to request that the board of LIORC pay out excess cash on its balance sheet and resume a commitment to its passive, flow-through business mandate. Altius’ investment in LIORC is predicated upon LIORC adhering to a commitment to serve as a passive flow-through vehicle for royalties and equity dividends related to the operations of the Iron Ore Company of Canada (“IOC”).
Altius Minerals Corporation (“Altius” or the “Company”) (ALS:TSX, ATUSF:OTC QX) reports that Guy Bentinck has tendered his resignation from the Board of Directors of Altius. Mr. Bentinck was a board nominee of Fairfax Financial Holdings Limited as per rights it was granted in relation to its ongoing $100 million preferred securities investment in Altius. Altius also wishes to advise that it has received requests from both the Government of Alberta and the Government of Canada for extensions of time to provide statements of defense to the lawsuit filed against them by the Genesee Royalty Limited Partnership, of which Altius is indirectly the general partner.
Altius Minerals Corporation reports that it has entered into an agreement to acquire a 2% Net Smelter Return Royalty covering the Curipamba copper-gold-zinc project from Resource Capital Fund VI L.P.
Altius Minerals Corporation reports that it will release audited financial results for its three month and twelve month period ended December 31, 2018 on March 12, 2019 after the close of market, with a conference call to follow March 13, 2019 at 9:00 am ET.
OTCQX: ATUSF) reports that the Genesee Limited Partnership (“Genesee LP”), of which Altius is the General Partner, has filed suit against the governments of Alberta and Canada. The suit claims $190 million in damages while describing actions that it feels were tantamount to expropriation of its royalty interest in the integrated Genesee mine and power plant in Alberta. In 2014, Altius made a significant investment in the royalty from the coal that underpins the integrated Genesee mine and power plant in Alberta, Canada.
Altius Minerals Corporation reports attributable royalty revenue of $17.1 million for the quarter ended September 30, 2018 compared to $16.5 million in the previous quarter and $17.9 million in the comparable prior year quarter ended October 31, 2017.
I am writing today to help inform people who are new to the stock market and want to begin learning the link between company’s fundamentals and stock market performance. AltiusRead More...
NEW YORK, NY / ACCESSWIRE / August 9, 2018 / Altius Minerals Corporation (OTC PINK: ATUSF ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 9, 2018 at 9:00 AM Eastern ...