Altius Renewable Reports Mixed Q2 Financials

Altius Renewable Royalties (TSE:ARR) has released an update.

Altius Renewable Royalties Corp. displayed a mixed Q2 2024 financial performance with a rise in revenue to $3.1 million but also an increase in net loss to $0.6 million, compared to the previous year. The growth was attributed to higher operating stage royalties and interest income, although it was tempered by higher costs and debt service expenses.

For further insights into TSE:ARR stock, check out TipRanks’ Stock Analysis page.