Altius Minerals ROA 2024

Altius Minerals Aktienanalyse

What does Altius Minerals do?

Altius Minerals Corp. is a Canadian mining company that was founded in 1997. The company is headquartered in St. John's, Newfoundland and Labrador, Canada. Altius is a versatile and diversified company that relies on various business fields. The company is involved in the exploration, development, and exploitation of mineral properties. Altius' business model is focused on long-term value creation and is based on three pillars: generating capital from the sale of mineral properties, generating ongoing returns through licensing fees, and direct ownership or participation in mining companies that conduct exploration and mining production. The company operates in several divisions, including the exploration and development of mineral-rich properties, the acquisition of licenses, and the acquisition of its own production facilities. Altius owns many mineral-rich properties in North America, including Newfoundland, Labrador, Quebec, Nevada, Arizona, and Chile. Altius specializes in the exploration and development of mineral resources. The company owns and operates active licenses and properties in various parts of the world. Altius is able to identify a variety of minerals such as nickel, copper, cobalt, palladium, platinum, silver, and gold. The company is also known for its efficiency in the exploration and development of mineral resources and has a team of highly qualified geologists and technicians. Altius also holds a significant stake in Labrador Iron Ore Royalty Corp. This company produces and ships iron ore from Canada. As one of the shareholders, Altius holds approximately 32% of the company's shares. As a result, the company can collect license fees through the production of iron ore and generate ongoing returns. Altius also has a stake in Altius Renewable Royalties Corp. and Anaconda Mining Inc. These companies produce renewable energy and gold, copper, and silver in Canada, respectively. Through this participation, Altius can further diversify its business fields and reduce risk. Overall, Altius offers a wide range of products and services, including mineral exploration, mine development, ongoing returns from licenses, and direct ownership or participation in mining companies. The company is known for its professional approach and efficiency in exploring and developing mineral resources. Altius is a versatile company focused on long-term value creation and concentrated on high-quality assets. Altius Minerals ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Altius Minerals's Return on Assets (ROA)

Altius Minerals's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Altius Minerals's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Altius Minerals's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Altius Minerals’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Altius Minerals stock

What is the Return on Assets (ROA) of Altius Minerals this year?

The Return on Assets (ROA) of Altius Minerals is 0.01 undefined this year.

What was the ROA of Altius Minerals compared to the previous year?

The ROA of Altius Minerals has increased by -74.34% compared to the previous year.

What consequences do high ROA have for investors of Altius Minerals?

A high ROA is advantageous for investors of Altius Minerals, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Altius Minerals?

A low ROA can be unfavorable for investors of Altius Minerals as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Altius Minerals affect the company?

An increase in ROA of Altius Minerals can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Altius Minerals impact the company?

A reduction in the ROA of Altius Minerals can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Altius Minerals?

Some factors that can influence the ROA of Altius Minerals include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Altius Minerals important for investors?

The ROA of Altius Minerals is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Altius Minerals take to improve ROA?

To improve ROA, Altius Minerals can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Altius Minerals pay?

Over the past 12 months, Altius Minerals paid a dividend of 0.32 CAD . This corresponds to a dividend yield of about 1.53 %. For the coming 12 months, Altius Minerals is expected to pay a dividend of 0.34 CAD.

What is the dividend yield of Altius Minerals?

The current dividend yield of Altius Minerals is 1.53 %.

When does Altius Minerals pay dividends?

Altius Minerals pays a quarterly dividend. This is distributed in the months of September, December, April, June.

How secure is the dividend of Altius Minerals?

Altius Minerals paid dividends every year for the past 14 years.

What is the dividend of Altius Minerals?

For the upcoming 12 months, dividends amounting to 0.34 CAD are expected. This corresponds to a dividend yield of 1.61 %.

In which sector is Altius Minerals located?

Altius Minerals is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Altius Minerals kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Altius Minerals from 6/14/2024 amounting to 0.09 CAD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.

When did Altius Minerals pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of Altius Minerals in the year 2023?

In the year 2023, Altius Minerals distributed 0.3 CAD as dividends.

In which currency does Altius Minerals pay out the dividend?

The dividends of Altius Minerals are distributed in CAD.