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Altius Minerals Corp (ATUSF)
OTHER OTC:ATUSF
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.06Last Year’s EPS
0.05Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 11, 2025
|% Change Since: 0.00%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative aspects. Significant gains from deconsolidation and partnerships in key projects were major highlights. However, there were notable declines in revenue, adjusted EBITDA, and operating cash flow, coupled with challenges in the renewable sector. While the company is poised for growth in its renewables and metals portfolios, the financial metrics indicate a need for cautious optimism.Company Guidance
During Altius Minerals' Q4 and Year-End 2024 conference call, the company reported several key financial metrics and developments. The royalty revenue for Q4 2024 was $13.5 million, down from $14.7 million in 2023, and full-year revenue stood at $64 million compared to $69.4 million in the previous year. Adjusted EBITDA for Q4 was $9.3 million and $44.1 million for the year, reflecting a decrease from $10.3 million and $53.7 million, respectively, in 2023. Net earnings for Q4 2024 rose significantly to $85.5 million or $1.82 per share, compared to a net loss of $2.2 million or $0.05 per share in Q4 2023. The annual net earnings for 2024 were $101.8 million or $2.16 per share, up from $10.1 million or $0.20 per share in 2023. This increase was mainly due to a gain on deconsolidation of ARR, with adjusted net earnings per share for Q4 and the full year at $0.06 and $0.27, respectively. The company also discussed strategic developments, including partnerships for the Kami project and potential expansion in the Silicon gold district, as well as ongoing growth in the renewable royalty portfolio. Capital allocation included $8 million in debt payments and $14.8 million in dividends, with a quarterly dividend of $0.09 approved for March 2025. The company ended 2024 with $16 million in cash and $116 million in unused revolver capacity.Significant Gain on Deconsolidation
The corporation recognized a gain on deconsolidation of ARR of $87.1 million and will account for its 57% interest in ARR as a joint venture for financial reporting purposes.
Net Earnings Surge
Net earnings for the fourth quarter of 2024 were $85.5 million or $1.82 per share compared to a net loss of $2.2 million or $0.05 per share in Q4 2023.
New Strategic Partners for Kami Project
Nippon Steel and Sojitz joined as strategic development partners for the Kami project, enhancing the potential of a 3% gross sales royalty held by the company.
Expansion of Silicon and Merlin Gold Resources
Updated resources for the Merlin deposit increased inferred gold resources by approximately 3 million ounces to 12.1 million ounces, with combined resources for Silicon and Merlin surpassing 16 million ounces.
Renewables Portfolio Growth
ARR saw a 60% revenue growth in 2024, and it's expected to continue this trend with two large royalty projects currently under construction by Enbridge.
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ATUSF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ATUSF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 11, 2025 | $17.11 | $17.25 | +0.82% |
| Nov 07, 2024 | $19.37 | $18.54 | -4.28% |
| Aug 08, 2024 | $15.69 | $15.93 | +1.53% |
| May 08, 2024 | $15.68 | $16.07 | +2.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Altius Minerals Corp (ATUSF) report earnings?
Altius Minerals Corp (ATUSF) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Altius Minerals Corp (ATUSF) earnings time?
Altius Minerals Corp (ATUSF) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ATUSF EPS forecast?
ATUSF EPS forecast for the fiscal quarter 2025 (Q1) is 0.06.
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