05:21 PM EDT, 03/11/2025 (MT Newswires) -- Altius Minerals ( ATUSF ) , after trade Tuesday it swung to a fourth-quarter profit while its royalty revenue fell slightly year-over-year.

The royalty and streaming company earned $85.5 million, or $1.82 per share, in the period, compared with a loss of $2.2 million, or $0.05, a year ago. FactSet expected per share earnings of $0.05.

Attributable royalty revenue fell to $13.5 million, or $0.29 per share, from $14.7 million, or $0.31 per share, in the year-ago quarter. FactSet consensus was $13.6 million.

"At Chapada we saw the benefits of increasing copper prices while at Voisey's Bay the construction and commissioning of the Eastern Deeps mine was completed. Several other pre-production royalty projects are seeing positive progress that indicate strong portfolio value growth potential, specifically for Silicon (gold) and Kami (DR quality iron ore) as well as for the Curipamba copper-gold project in Ecuador and Tres Quebradas and Mariana lithium projects in Argentina," Chief Executive Brian Dalton said

The board declared a quarterly dividend of $0.09 per share, payable around April 2 to all shareholders of record at the close of business on March 19.

Altius shares closed up $0.06 to $24.66 on the Toronto Stock Exchange.