Altius Minerals (TSE:ALS) reported higher first-quarter royalty revenue and adjusted earnings as the company integrated its Lithium Royalty Corp. acquisition and highlighted accelerating growth in its electricity and lithium royalty businesses.
On the company’s Q1 2026 conference call, Chief Financial Officer Stephanie Hussey said Altius posted net earnings of CAD 2.6 million, or CAD 0.05 per share. Royalty revenue was CAD 27 million, while adjusted EBITDA was CAD 20 million. Hussey said the results reflected higher realized prices, the timing of copper stream deliveries, increased electricity royalty revenue and the addition of four operating lithium royalties. Those gains were partly offset by lower dividends from iron ore.
