Altius Reports Q2 2022 Attributable Royalty Revenue of $28.6M and Adjusted Earnings (1,2) of $10.6M

Aug 08, 2022

Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) (“Altius” or the “Corporation”) reports second quarter revenue of $27.4 million compared to $21.2 million for the same period in 2021. Q2 2022 attributable royalty revenue^(1,2) of $28.6 million ($0.61 per share^(1,2)) was 31% higher than the $21.9 million ($0.53 per share) reported for the comparable quarter in 2021. On a year-to-date basis, attributable royalty revenue of $54.1 million is higher by 36% compared to the $39.7 million reported for the six months ended June 30, 2021. These figures represent quarterly and six-month period revenue records for the Corporation, mainly based upon higher realized commodity prices.

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