Altius Boosts Junior Equities Portfolio Value by 42% in Q1 2026
Event summary
- Altius's junior equities portfolio value rose to $70.0M by March 31, 2026, up from $49.3M at year-end 2025.
- $4.2M investment in TNR Gold Corp. pending TSXV approval for ~9.9% stake and right of first offer on two Argentinian royalties.
- Blue Moon Metals acquired Utah's Apex Mine from Teck Resources and agreed to acquire the Gage Project, expanding its land position.
- Orogen Royalties reported $13.1M revenue in 2025 (up 32% YoY) and signed a LOI with Toogood Gold for Nevada's Table Mountain project.
The big picture
Altius continues to execute its strategy of creating shareholder value through royalty assets aligned with global sustainability trends. The Q1 2026 update highlights the company's ability to grow its junior equities portfolio while maintaining exposure to critical minerals and battery metals. The $70M portfolio valuation represents a significant increase, demonstrating Altius's active role in financing exploration and development projects across multiple jurisdictions.
What we're watching
- Royalty Expansion
- Whether Altius can leverage its TNR Gold investment to secure additional royalties in Argentina's critical minerals sector.
- Portfolio Performance
- The pace at which Blue Moon Metals develops its newly acquired Utah properties and their potential impact on portfolio valuation.
- Strategic Alliances
- How Orogen Royalties' 50/50 alliance with Altius will influence future project generation opportunities in Nevada.
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