Altius Minerals Corp. (ALS) Financings
TSX: ALS · Unspecified · Royalty/Streaming stage
- Market cap$2.97B
- Share price$50.59
- 52-week range$35.54 – $69.55
- Shares outstanding58,754,253
- ExchangeTSX
- Websitewww.altiusminerals.com
Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with global growth trends including increasing electricity-based market share within energy usage, global infrastructure build and refurbishment growth, increased EAF based steelmaking, steadily increasing agricultural fertilizer requirements and the enhanced appetite for financial asset diversification through precious metals ownership. These macro-trends each hold the potential to cause higher demand for many of Altius's commodity exposures including potash, high purity iron ore, electricity, base metals, and gold. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for royalties and that has a demonstrated track record of driving outsized direct returns from its overall royalty investment portfolio. Altius has 58,748,220 common shares issued and outstanding that are listed on Canada's Toronto Stock Exchange. It is a member of the S&P/TSX Composite and S&P/TSX Global Mining Indices and the S&P/TSX Canadian Dividend Aristocrats Index.
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Altius Minerals Corp. financial statements
Key figures read from 40 of 40 financial statement filings, Dec 14, 2016 to Aug 10, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$294,125 | C$15,908 | C$130,422 | C$82,385 | C$100,021 |
| Total current assets | C$711,603 | C$689,937 | C$628,804 | C$676,441 | C$606,511 |
| Total current liabilities | C$21,150 | C$12,774 | C$12,889 | C$19,688 | C$19,649 |
| Working capital | C$690,453 | C$677,163 | C$615,915 | C$656,753 | C$586,862 |
| Exploration and evaluation assets | C$8,256 | C$9,009 | C$8,011 | C$9,416 | C$9,105 |
| Property, plant and equipment | C$162 | C$356 | C$513 | C$713 | C$893 |
| Total assets | C$1,031,169 | C$713,985 | C$773,538 | C$780,584 | C$721,401 |
| Debt | C$88,412 | C$107,381 | C$112,173 | C$120,873 | C$115,173 |
| Total liabilities | C$135,265 | C$142,857 | C$161,000 | C$171,775 | C$192,422 |
| Shareholders' equity | C$895,904 | C$571,128 | C$612,538 | C$608,809 | C$528,979 |
Income statement: annual key figures
Canadian dollars (C$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Revenue | C$53,747 | C$58,171 | C$68,957 | C$102,047 | C$81,682 |
| Cost of sales | C$6,510 | C$5,937 | C$5,098 | C$5,646 | C$5,701 |
| Exploration and evaluation expense | C$340 | C$180 | C$1,048 | C$201 | C$55 |
| General and administrative | C$12,456 | C$12,433 | C$11,489 | C$10,511 | C$9,051 |
| Share-based compensation | C$4,623 | C$4,465 | C$3,968 | C$3,408 | C$3,018 |
| Impairments and write-downs | C$0 | (C$1,537) | (C$6,338) | C$0 | (C$6,031) |
| Net income (loss) | C$299,356 | C$101,804 | C$10,122 | C$39,482 | C$38,280 |
Cash flow statement: annual key figures
Canadian dollars (C$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | C$26,116* | C$27,954* | C$36,506* | C$74,260* | C$47,773* |
| Investing cash flow | C$303,422* | (C$103,366)* | C$55,074* | (C$85,750)* | (C$26,546)* |
| Financing cash flow | (C$51,321)* | (C$44,415)* | (C$38,926)* | (C$10,751)* | C$56,990* |
| Exploration spending (capitalized) | (C$547) | (C$1,326) | (C$557) | (C$777) | (C$653) |
| Change in cash | C$278,217 | (C$119,827) | C$52,654 | (C$22,241) | C$78,217 |
| Cash at end of period | C$294,125 | C$15,908 | C$130,422 | C$82,385 | C$100,021 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Altius Minerals Corp. financings
2 financings announced or closed by Altius Minerals Corp., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-07-30 | Altius Minerals Corp. (ALS) | Debt | Closed, 1 tranche | US$350.0M | — | Altius Minerals Corporation Closes Transaction Increasing Ownership Interest in Great Bay Renewables and Announces Increased Credit Facility |
| 2026-07-14 | Altius Minerals Corp. (ALS) | Private placement, bought deal | Closed, 1 tranche | $181.5M | $60.50 | The Shelf Prospectus Supplement, the Corresponding Base Shelf Prospectus and Any Amendment to the Documents is Accessible Through SEDAR+ or Will Be |
Altius Minerals Corp. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Altius Minerals Corp. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2026-07-30 | Credit facility, amended | Bank of Nova Scotia | C$350M | matures 2030-07 |
| 2018-07-03 | Credit facility, amended | — | C$225M | 5.45%, matures 2023-06 |