Altius provides financing in the form of royalties and streams to diversified commodity and renewable energy operators. Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations.
This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking, and increasing agricultural yield requirements. These each hold the potential to cause increased demand for many of Altius's commodity exposures including copper, renewable based electricity, several key battery metals (lithium, nickel, and cobalt), clean iron ore, and potash.
Altius has built a portfolio of directly and indirectly held junior resource investments that have been generated from founding and earn in option related payments through its joint venture strategy to advance projects as well as selective investing in other top-quality juniors employing a project generation and joint venture business model. Furthermore, the company further seeks royalty interests in projects with long duration resources to maximize future option value realization potential.
The operators have control over the assets underlying the company’s royalties and are exposed to a range of material ESG factors. Altius faces indirect exposure to its operators’ ESG risks and opportunities as operators’ management of these factors could impact performance, company value, and therefore, Altius’ royalty streams. Altius also faces direct exposure to a set of ESG risks and opportunities related to its corporate operations as a capital provider and publicly traded company.
They engaged an expert third-party, ESG Global Advisors, to conduct an ESG Materiality Assessment focused on identifying the ESG factors with the greatest potential to have a material impact on the value of their business, both directly through their corporate operations and indirectly through their operators.
Altius Minerals Stock Details
- Ticker: tse:als
- Sector: Basic Materials
- Industry: Other Industrial Metals & Mining
- Market Cap: 1.03B
- Market Cap Group: Small Cap
- P/E: 34.19
- Dividend Yield: 1.49%
- Grade: B
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 7/10
- Dividend Income Fit: 3/10
ALS Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| TECK.B | TSE:TECK.B | Teck Resources | 27.08 | 7.54 | 0.96 | NO | 1 | 1 | 73 |
| TFPM | TSE:TFPM | Triple Flag Precious Metals | 3.77 | 40.82 | 1.45 | NO | 1 | 1 | 73 |
| ALS | TSE:ALS | Altius Minerals | 1.03 | 34.19 | 1.49 | YES | 1 | 1 | 73 |
Top Picks by Bay Street Experts
Expert stock analysts have shared their opinions, and sometimes prediction, on the company.
For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.
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Altius Minerals - FAQ
What is the stock ticker for Altius Minerals?
The stock ticker for Altius Minerals is TSE:ALS.
Is Altius Minerals a good stock to buy?
You need to consider your investment strategy and how TSE:ALS can fit in your portfolio.
The current dividend income score of 3/10 and dividend growth score of 7/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Altius Minerals a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 58 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Altius Minerals?
You can easily buy the ALS stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.