Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
In the same category
Altius Minerals Corporation (News - Market indicators) Reports Second Quarter Net Loss of $2,885,000
Published : December 12, 2012
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Cobalt |

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwire - Dec. 12, 2012) - Altius Minerals Corporation ("Altius") (News - Market indicators) reported a net loss attributable to common shareholders of $2,885,000 or ($0.08) per share for the three months ended October 31, 2012 compared to a net loss of $2,868,000 for the same period last year. The current year was affected primarily by the losses in the share of associates.

A summary of the financial results is included in the following table.

  Three months ended  
  October 31,  
  (unaudited)  
  2012   2011  
  $   $  
Revenue 1,580,000   1,635,000  
Net earnings (loss) attributable to shareholders (2,885,000 ) (2,868,000 )
Diluted earnings (loss) per share (0.08 ) (0.10 )
Net cash flow from operating activities 4,052,000   (8,172,000 )
         

Additional information on the Corporation's results of operations is included in the Corporation's MD&A, and Financial Statements, which were filed on SEDAR today and are also available on the Company's website at www.altiusminerals.com.

About Altius

Altius is focused on the mining and resources sector through prospect generation and the creation and acquisition of royalties and investments. Altius has a strong financial position with total assets of approximately $286 million, including $158 million in cash and marketable securities. It has also built a portfolio of directly and indirectly held junior resource investments, including 32.9 million shares of Alderon Iron Ore Corp. (TSX:ADV).

Altius owns a 3% gross sales royalty on the Kami iron ore project of Alderon, an effective 0.3% net smelter return royalty on the producing Voisey's Bay nickel-copper-cobalt mine, a 2% gross sales royalty on uranium in the Central Mineral Belt project of Paladin Energy Limited, and several earlier stage resource project royalties. Its growing project generation pipeline consists of a diversified portfolio of exploration projects, many of which have attracted joint venture funding partners.

Altius is a member of the S&P/TSX Global Mining Index and currently has 28,257,364 shares outstanding.



Altius Minerals Corporation
Brian F. Dalton
President
Toll Free: 1-877-576-2209
709-576-3441 (FAX)
or
Altius Minerals Corporation
Chad Wells
Vice President Corporate Development
Toll Free: 1-877-576-2209
709-576-3441 (FAX)
info@altiusminerals.com
www.altiusminerals.com
Companies Mentionned : Aura Minerals | Total | X-ore |
Data and Statistics for these countries :
Gold and Silver Prices for these countries :

Altius Minerals Corporation

PRODUCER
CODE : ALS.TO
ISIN : CA0209361009
CUSIP : 020936
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy
Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate Presentations of Altius Minerals Corporation
10/11/2007Positive Provincial EIS Decision Clears Highest Hurdle en Ro...
In the News and Medias of Altius Minerals Corporation
3/14/2007Attractive Risk Reward Proposition: Exceptional Upside Poten...
Annual reports of Altius Minerals Corporation
2008 Annual report
2007 Annual report
Financings of Altius Minerals Corporation
10/22/2007TO RAISE C$50 MILLION IN BOUGHT DEAL FINANCING
Financials of Altius Minerals Corporation
9/11/2013(TSX:ALS) Reports First Quarter Net Loss of $1,292,000
3/18/2013(TSX:ALS) Reports Third Quarter Net Loss of $3,627,000
12/12/2012(TSX:ALS) Reports Second Quarter Net Loss of $2,885,000
9/12/2012(TSX:ALS) Reports First Quarter Net Loss of $2,857,000
6/28/20122012 Financial Results - year end
3/8/2012(TSX:ALS) Reports Third Quarter Net Earnings of $2,461,000
12/14/2011(TSX:ALS) Reports Second Quarter Net Loss of $2,868,000
9/30/2011(TSX:ALS) Reports First Quarter Net Loss of $1,588,000
3/17/20103rd Quarter Financial Results
12/10/2009Second Quarter Financial Results
9/10/2009Reports First Quarter Net Loss of $597,000
12/12/2008Reports Second Quarter Net Loss of $2 Million
9/14/2007Reports First Quarter Net Earnings of $15.7 million
Project news of Altius Minerals Corporation
1/19/2013Alderon Files Feasibility Study Regarding Kami Iron Ore Prop...
11/7/2012EXPANDS PROJECT GENERATION EXPLORATION BUSINESS TO CHILE - P...
7/30/2012Executes Snelgrove Lake Iron Ore Property Agreement with Cap...
7/4/2012Announces Strategic Alliance with Virginia Mines Inc. - Alti...
2/27/2012Continues to Advance its Julienne Lake and Snelgrove Lake Ir...
9/9/2011Alderon Releases Positive Preliminary Economic Assessment
12/6/2008(Kamistaitusset)Reports Additional Iron Ore Drill Intercepts From Labrador -...
10/30/2008(Kamistaitusset)Reports Iron Ore Drill Intercepts in Labrador - Highlights i...
6/23/2008(Kamistaitusset)and Norvista Sign Labrador Iron Ore Agreement - Drilling Pro...
4/28/2008(Kamistaitusset)LABRADOR IRON ORE EXPLORATION COMMENCES
3/20/2007(Taylor Brook - Plateau Nickel)SIGNS NEW EXPLORATION AGREEMENT FOR TAYLOR BROOK NICKEL PROP...
Corporate news of Altius Minerals Corporation
9/20/2013Reports on 2013 AGM Results
8/15/2013Adopts Advance Notice By-Law
7/9/2013Mines Virginia annonce la signature d'une alliance strat=E9g...
7/4/2013(TSX:ALS) Reports Annual Net Loss of $13,339,000
3/28/2013Renews Normal Course Issuer Bid and Continues Automatic Repu...
11/6/2012Expands Project Generation Exploration Business to Chile
11/1/2012Reports on 2012 AGM Results
10/24/2012Annual General Meeting October 31, 2012 @ 1 pm
7/30/2012Executes Snelgrove Lake Iron Ore Property Agreement With Cap...
7/4/2012(TSX:ALS) Announces Strategic Alliance With Virginia Mines I...
6/27/2012(TSX:ALS) Reports Annual Net Loss of $4,611,000
5/16/2012Announces Establishment of Automatic Repurchase Plan
4/16/2012Reports Alderon Concludes Definitive Agreements with Hebei I...
4/13/2012-Alderon Concludes Definitive Agreements With Hebei Iron & S...
3/30/2012PR1204
3/27/2012(TSX:ALS) Provides Update on Selected Iron Ore Projects in L...
2/27/2012Continues to Advance its Julienne Lake and Snelgrove Lake Ir...
11/30/2011(TSX:ALS) Provides Update of Labrador West Iron Ore Option A...
11/22/2011Century Iron Mines and Altius Minerals Announce Completion o...
10/19/2011(TSX:ALS) Announces Postponement of Annual and Special Meeti...
9/20/2011and Century Iron Mines Sign Principal and Royalty Agreements...
8/8/2011(TSX:ALS) Reports an Expanded Exploration Alliance With Clif...
7/7/2011(TSX:ALS) Reports Annual Net Earnings of $70,239,000
4/5/2011PLEASED THAT ALDERON CONFIRMS SUBSTANTIAL IRON ORE RESOURCE ...
4/5/2011Alderon Confirms Substantial Iron Ore Resource at Kami
3/30/2011Renews Normal Course Issuer Bid
3/14/2011(TSX:ALS) Reports Third Quarter Net Earnings of $69,368,000
12/16/2010Signs Exploration Alliance with Cliffs Natural Resources Exp...
12/9/2010Receives 32,285,006 Payment Shares of Alderon Resources Corp...
11/3/2010Altius Partners with Cranberry Capital to Create New Company
10/28/2010REPORTS ON 2010 AGM RESULTS - Jamie Strauss Joins Board
6/29/2010Annual Net Earnings of $21 Million
6/23/2010Early Warning Report Filed in Respect of Millrock Resources ...
6/21/20102010 Exploration Season
5/17/2010Reports on Plans for 2010 Iron Ore Exploration Projects - D...
3/18/2010Resignation of VP, COO, & Director
3/4/2010Alderon Resources to Explore Altius' Iron Ore Property - Ald...
2/23/2010to Receive Proceeds Worth Approximately $61.8 M - Investment...
1/8/2010Sells Nuiklavik Property to Rare Element Resources - Creates...
12/18/2009Enters into Lock-up Agreement with Royal Gold in Connection ...
12/24/2009Renews Normal Course Issuer Bid
11/10/2009Plan to Co-found a New Iron Ore Company - Resource delineati...
10/16/2009alty - Altius is 10% limited partner of LNRLP
10/6/2009Reports on Iron Ore in Labrador - Favourable metallurgical r...
6/11/2009and Millrock Form Strategic Alliance
3/6/2009Reports 3rd Quarter Net Earnings of $31.6 Million
11/28/2008Announces Normal Course Issuer Bid
10/31/2008REPORTS ON 2008 AGM RESULTS
9/24/2008Announces Increase to Share Repurchase Program
9/12/2008Reports Quarterly Net Earnings of $380,000
7/28/2008Reports Annual Net Earnings of $12.1 Million
6/24/2008NLRC Obtains Court Ordered Stay of Proceedings
6/12/2008and Cornerstone Form Labrador Trough Alliance
5/6/2008 and Sprott Resource Corp. Form Potash Joint Venture in Cana...
4/30/2008ANNOUNCES POSITIVE DECISION ON FEDERAL ENVIRONMENTAL ASSESSM...
3/14/2008 PROVIDES SOUTHERN HEAD REFINERY PROJECT UPD
11/30/2007planning and development of its proposed new oil refinery
10/7/2007ANNOUNCES POSITIVE DECISION FROM PROVINCIAL ENVIRONMENTAL AS...
6/21/2007Receives Decision on EIS Process
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (ALS.TO)Other OTC (ATUSF)
11.68+6.18%9.77+2.84%
TORONTO
CA$ 11.68
12/19 16:00 0.680
6.18%
Prev close Open
11.00 11.15
Low High
11.15 11.68
Year l/h YTD var.
10.07 -  16.32 -7.30%
52 week l/h 52 week var.
10.07 -  16.32 9.16%
Volume 1 month var.
106,896 10.92%
24hGold TrendPower© : -17
Produces Cobalt - Copper - Nickel
Develops
Explores for Cobalt - Copper - Gold - Iron - Lead - Nickel - Silver - Uranium - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/13/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
DateVariationHighLow
2014-2.67%16.1211.70
201322.20%9.8910.00
2012-8.99%9.9910.01
2011-25.28%14.5010.05
201065.60%9.8910.00
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Subscribe to 24hGold’s daily market briefing
  • Prices and data of precious metals in 119 currencies and world mining companies
  • Daily analysis of the economy, markets and more
  • Free, daily and indispensable
Stay informed, subscribe now !
* Your email will never be shared.