Altius Competitors

Stocks . Canada . 
Stock . Altius Minerals
ALS Stock  CAD 21.47  0.43  2.04%   
Altius Minerals competes with Almaden Minerals, Mirasol Resources, EMX Royalty, Laramide Resources, and Globex Mining; as well as few others. The company operates under Metals & Mining sector and is part of Materials industry. Analyzing Altius Minerals competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Altius Minerals to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Altius Minerals Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Altius Minerals competition on your existing holdings.
  
As of the 18th of April 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.02. At this time, Altius Minerals' Total Assets are very stable compared to the past year. As of the 18th of April 2024, Non Current Assets Total is likely to grow to about 660.2 M, while Total Current Assets are likely to drop about 77.8 M.
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Altius Minerals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
19.4121.1422.87
Details
Intrinsic
Valuation
LowRealHigh
20.8122.5424.27
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.020.070.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Altius Minerals. Your research has to be compared to or analyzed against Altius Minerals' peers to derive any actionable benefits. When done correctly, Altius Minerals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Altius Minerals.

Altius Minerals Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Altius Minerals and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Altius and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Altius Minerals does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
GMX
+ 0.71
EMX
LAM
+ 0.23
MRZ
GMX
+ 0.16
MRZ
  
High negative correlations   
LAM
- 0.68
EMX
GMX
- 0.32
LAM
MRZ
- 0.32
AMM
GMX
- 0.25
AMM
LAM
- 0.24
AMM
EMX
- 0.12
MRZ

Risk-Adjusted Indicators

There is a big difference between Altius Stock performing well and Altius Minerals Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Altius Minerals' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Altius Minerals and related stocks such as Almaden Minerals, Mirasol Resources, and EMX Royalty Corp Net Income Over Time
Select Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity
201020112012201320142015201620172018201920202021202220232024
AMM(2.8 M)7.3 M(10.2 M)(6.4 M)(15 M)(1.1 M)(4 M)(5.2 M)(3.5 M)(3.9 M)(2.8 M)(2.7 M)(11.8 M)(11.7 M)(11.2 M)
MRZ(276.4 K)(16.1 M)33.2 M(12.2 M)(7.9 M)(6 M)(6.9 M)(4.3 M)(8.5 M)(5.9 M)(6.1 M)(5.2 M)(9.8 M)(8.8 M)(8.4 M)
EMX(38.9 K)(21 M)(21 M)(13.1 M)(15 M)(5 M)(2 M)(5.9 M)45.6 M(10.6 M)(4.7 M)(23.3 M)3.3 M(6.3 M)(5.9 M)
LAM(1.6 M)(4.3 M)(3.7 M)(8.3 M)(9.9 M)(5.4 M)(856.9 K)(3.8 M)(4.7 M)(422 K)(5.4 M)(8.9 M)(616)(3.6 M)(3.8 M)
GMX100 K358.8 K2.9 M(844.8 K)(5.3 M)(2.4 M)(383.8 K)754.9 K(95.6 K)(1 M)6 M23.7 M(4.1 M)(1.6 M)(1.5 M)

Altius Minerals and related stocks such as Almaden Minerals, Mirasol Resources, and EMX Royalty Corp Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Altius Minerals financial statement analysis. It represents the amount of money remaining after all of Altius Minerals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Altius Minerals Competitive Analysis

The better you understand Altius Minerals competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Altius Minerals' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Altius Minerals' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ALS AMM MRZ EMX LAM GMX
 2.04 
 21.47 
Altius
 0.00 
 0.17 
Almaden
 7.02 
 0.53 
Mirasol
 2.29 
 2.68 
EMX
 1.41 
 0.70 
Laramide
 2.15 
 0.91 
Globex
Market Volatility
(90 Days Market Risk)
Very steady
Out of control
Out of control
Relatively risky
Abnormally volatile
Dangerous
Market Performance
(90 Days Performance)
OK
Very Weak
Very Weak
Good
Very Weak
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Very Low
Above Average
Quite High
Below Average
Low
Below Average
Current Valuation
(Equity Enterprise Value)
Under Valued
Over Valued
Over Valued
Under Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Hold
Cautious Hold
Strong Buy
Cautious Hold
Hold
Current Ratio
8.46 X
5.41 X
59.16 X
26.29 X
0.06 X
12.63 X
Net Asset
773.54 M
78.05 M
10.19 M
209.09 M
99.9 M
31.25 M
Profit Margin
0.14 %
N/A
N/A
(0.17) %
N/A
0.33 %
EBITDA
47.13 M
(4.22 M)
(8.9 M)
2.47 M
(2.75 M)
1.39 M
Operating Margin
0.45 %
N/A
(714.26) %
0.21 %
N/A
0.84 %
Current Valuation
1.1 B
23.83 M
33.76 M
304.07 M
176.35 M
26.76 M
Price To Book
2.01 X
0.34 X
7.58 X
1.82 X
2.21 X
1.63 X
Retained Earnings
13.32 M
(93.77 M)
(77.83 M)
(77.93 M)
(115.19 K)
(30.63 M)
Current Asset
26.67 M
N/A
N/A
N/A
N/A
N/A
Five Year Return
1.42 %
N/A
N/A
N/A
N/A
N/A
Beta
0.97
1.11
1.49
0.8
0.89
1.32
Number Of Employees
19
8
N/A
46
8
N/A
Shares Outstanding
46.54 M
137.22 M
65.82 M
112.19 M
248.86 M
55.26 M
Cash Flow From Operations
36.51 M
(1.58 M)
(8.58 M)
19.63 M
(934.06 K)
1.74 M
Annual Yield
0.01 %
N/A
N/A
N/A
N/A
N/A
Total Debt
120.87 M
4.39 M
140.81 K
43.19 M
6.01 M
N/A
Return On Equity
0.0166
-1.66
-1.71
-0.038
-0.0509
0.0434
Return On Asset
0.0246
-0.94
-1.02
0.0113
-0.0164
0.0256
Number Of Shares Shorted
861.32 K
7.64 K
28.98 K
46.3 K
861.46 K
17.76 K
Book Value Per Share
10.38 X
0.05 X
0.08 X
1.07 X
0.39 X
0.58 X
Current Liabilities
9.98 M
N/A
N/A
N/A
N/A
N/A
Total Asset
773.54 M
78.05 M
10.19 M
209.09 M
99.9 M
31.25 M
Debt To Equity
0.22 %
3.90 %
N/A
86.30 %
13.60 %
1.10 %
Short Ratio
9.04 X
1.17 X
0.08 X
1.83 X
3.62 X
0.56 X
Target Price
23.91
1.55
2.0
7.86
1.25
N/A
Last Dividend Paid
0.32
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
26.40 %
3.48 %
9.70 %
15.70 %
14.84 %
3.12 %
Market Capitalization
993.15 M
23.33 M
38.83 M
298.42 M
181.67 M
51.39 M
Price To Earning
24.03 X
(31.78) X
N/A
2.47 X
(13.42) X
43.57 X
Price To Sales
14.23 X
N/A
2,430 X
11.26 X
N/A
12.72 X
Net Income
9.54 M
(11.75 M)
(9.8 M)
(6.25 M)
(3.6 M)
(1.61 M)
Earnings Per Share
0.20 X
(0.09) X
(0.17) X
(0.06) X
(0.01) X
0.02 X
Shares Owned By Insiders
18.86 %
3.82 %
50.58 %
19.63 %
9.22 %
12.53 %
Revenue
68.71 M
N/A
N/A
27.38 M
N/A
1.36 M
Working Capital
131.84 M
7.46 M
7.71 M
(2.27 M)
(2.63 M)
24.54 M
Cash And Equivalents
82.39 M
1.72 M
22.28 M
80.94 M
63.45 K
3.28 M
Cash Per Share
2.25 X
0.01 X
0.41 X
0.99 X
N/A
0.06 X
Gross Profit
96.17 M
N/A
496.7 K
9.34 M
N/A
35.27 M
Day Typical Price
21.36
0.17
0.55
2.68
0.71
0.92
Accumulation Distribution
2746.87
N/A
7887.93
221.63
0.0541
0.0421
Market Facilitation Index
0.0
N/A
0.0
0.0
0.04
0.04
Daily Balance Of Power
0.5443
0.0
(0.80)
1.2
(0.25)
(0.50)
Period Momentum Indicator
0.43
N/A
(0.04)
0.06
(0.01)
(0.02)
Rate Of Daily Change
1.02
1.0
0.93
1.02
0.99
0.98
Day Median Price
21.31
0.17
0.55
2.68
0.72
0.93
Price Action Indicator
0.38
N/A
(0.04)
0.035
(0.03)
(0.03)
Relative Strength Index
68.65
71.62
47.49
46.82
40.63
36.63
Coefficient Of Variation
810.25
72129.76
(4,465)
738.0
(2,307)
2494.08
Mean Deviation
1.35
1.71
3.35
1.96
3.09
1.91
Jensen Alpha
0.1761
(0.01)
(0.11)
0.3031
(0.19)
0.0927
Total Risk Alpha
0.078
(0.30)
(0.49)
0.16
(0.48)
(0.09)
Sortino Ratio
0.1037
(0)
N/A
0.1223
N/A
0.0173
Downside Variance
2.28
123.31
N/A
6.35
N/A
5.6
Standard Deviation
1.72
4.15
5.03
2.68
4.06
2.4
Kurtosis
2.67
16.74
7.27
0.8268
0.0814
(0.08)
Potential Upside
2.71
5.88
7.84
5.61
6.76
4.49
Treynor Ratio
0.3551
(0.03)
0.4971
0.3186
(4.94)
(0.62)
Maximum Drawdown
9.54
34.92
33.66
13.03
16.92
11.2
Variance
2.95
17.24
25.27
7.2
16.46
5.77
Market Risk Adjusted Performance
0.3651
(0.02)
0.5071
0.3286
(4.93)
(0.61)
Risk Adjusted Performance
0.0841
0.0094
(0.01)
0.0931
(0.02)
0.0327
Skewness
1.0
(2.57)
(1.42)
0.603
(0.26)
0.4736
Semi Deviation
1.33
3.63
N/A
1.96
N/A
1.94
Information Ratio
0.0911
(0.01)
(0.03)
0.1148
(0.06)
0.017
Value At Risk
(2.15)
(5.56)
(5.45)
(3.75)
(6.67)
(3.57)
Expected Short fall
(1.44)
(6.26)
N/A
(2.59)
N/A
(2.53)
Downside Deviation
1.51
11.1
N/A
2.52
N/A
2.37
Semi Variance
1.76
13.21
N/A
3.86
N/A
3.78

Altius Minerals Competition Performance Charts

Five steps to successful analysis of Altius Minerals Competition

Altius Minerals' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Altius Minerals in relation to its competition. Altius Minerals' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Altius Minerals in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Altius Minerals' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Altius Minerals, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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When running Altius Minerals' price analysis, check to measure Altius Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altius Minerals is operating at the current time. Most of Altius Minerals' value examination focuses on studying past and present price action to predict the probability of Altius Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altius Minerals' price. Additionally, you may evaluate how the addition of Altius Minerals to your portfolios can decrease your overall portfolio volatility.
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Intrinsic
Valuation
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Financial
Analysis
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Buy or Sell
Advice
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Earnings
Projections
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Please note, there is a significant difference between Altius Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Altius Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altius Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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