Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Altius Minerals Corp T.ALS

Alternate Symbol(s):  ATUSF

Altius Minerals Corporation is focused on growing its royalty business through prospect generation and the creation and acquisition of royalties. It diversified mineral royalties from 11 operating mines located in Canada (nine) and Brazil (two) that produce copper, nickel, cobalt, lithium, potash and iron ore. Its segments include Mineral Royalties, Project Generation and Renewable Royalties. The Mineral Royalties consist of the acquisition and management of producing and development stage royalty and streaming interests. The Project Generation segment is engaged in acquisition and early-stage exploration of mineral resource properties with a goal of vending the properties to third parties in exchange for early-stage royalties and minority equity or project interests. The Renewable Royalties segment includes a majority interest holding in publicly traded Altius Renewable Royalties Corp., which is focused on the acquisition and management of renewable energy investments and royalties.


TSX:ALS - Post by User

Bullboard Posts
Comment by metalminderon Dec 17, 2013 1:06pm
284 Views
Post# 22014411

RE:Altius is a nobrainer here. almost certain 100%+ in 2014

RE:Altius is a nobrainer here. almost certain 100%+ in 2014Teatimenow.............Thanks for your take. Couldn't look at C:\USERS\MARTIN\DESKTOP ETC ETC.
Would like to see whatever is there. 

Having said that, The following data is dated, but not by much.  Without distinction whether a royalty company is just gold silver, base metal etc, the following companies: Franco Nevada, Royal Gold, Sandstorm, Silver Wheaton, companies of that ilk have an average sp of  mkt cp / Royalties of 12 - 14x.  Currently Altius has the one Voisey Bay royalty of 6 million per year plus cash for a book value of about 9,36 (yahoo). When Altius raises its royalty income to 40 million, we could see the stock go to 19 or 20. Hopefully, the market will see that value in 2014 and bid up the price.  Now if it pays higher proportions of royalty dividends to income, then the  SPrice should be proportionately higher.

So, I agree, in 2014 we could see Altius's share price double, and I agree, in 2 or 3 years  we could see 50 + if their business model executes as planned and the market recognizes Altius's value.

We live in a crazy market environment.


Bullboard Posts