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Bullboard - Stock Discussion Forum Altius Minerals Corp T.ALS

Alternate Symbol(s):  ATUSF

Altius Minerals Corporation is a mineral royalty, renewable energy royalty and mineral project generation company. The Company holds royalty interests in approximately 12 operating mines located across Canada and Brazil that produces copper, zinc, nickel, cobalt, potash, iron ore and thermal (electrical) coal. Its segments include Mineral Royalties, Project Generation and Renewable Royalties... see more

TSX:ALS - Post Discussion

Altius Minerals Corp > Is trouble on the horizon for Altius Minerals?
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Post by NLMoose on Apr 22, 2022 10:49am

Is trouble on the horizon for Altius Minerals?

Over the last few weeks, Altius Minerals stock was hovering between $24.00 and $25.00 a share.

However, yesterday, their stock plummeted over $3.00 a share for no legitimate reason.

When Altius Minerals reports strong quarterly royalties, over $25 million Canadian, you expect the stock to go up, not plummet.

You have a lot of explaining to do Altius Minerals.

Comment by Jsaw44 on Apr 28, 2022 4:56pm
The XME plummetted 20% How would expect a company that makes its money from mining to hold up in that environment? You got a lot of explaining to do
Comment by Nbsk on Apr 28, 2022 6:49pm
Folks, Fairfax converted their Altius debt instruments into Altius shares. So there's more shares, worth less each, and altius now has an improved balance sheet with less. Check the press release, do some math. The song remains the same