Altius Minerals reports $13-million loss

Ashley Fitzpatrick
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For the last year, Altius Minerals has seen a net loss to shareholders of $13 million, about $0.47 per share, according to a statement issued Thursday by the company.

The statement notes the loss over the last 12 months is over $8.7 million above and beyond the company’s $4.6-million net loss the year before.

“The current year was affected primarily by the losses in the share of associates and other investment losses,” reads the company news release.

“The prior year's results included one-time revenue of $3,999,000 from the receipt of share payments from the vending of a mineral property.”

A detailed filing has been made with SEDAR and is available at:

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