Altius Minerals (
TSX: T.ALS,
Stock Forum) after Thursday’s close reported a net loss attributable to common shareholders of $13,339,000, or 47 cents per share, for the 12 months ended April 30, 2013, this according to a company
news release.
This compares to a net loss of $4,611,000 for the same period last year. The company said the current year was affected primarily by the losses in the share of associates and other investment losses.
Altius added that the previous year's results included one-time revenue of $3,999,000 from the receipt of share payments from the vending of a mineral property.
Altius Minerals is focused on the mining and resources sector through prospect generation and the creation and acquisition of royalties and investments.