Altius Minerals (ALS) has notable insider selling

Altius Minerals (T:ALS)

Brian Dalton, CEO and Director, disposed 137,048 Common Shares on a direct ownership basis at prices ranging from $22.014 and $22.752 through the public market between March 20th, 2023 and March 23rd, 2023. The insider also disposed 28,997 Common Shares on an indirect ownership basis for registered holder RRSP Account at prices ranging from $21.547 and $22.014 through the public market between March 23rd, 2023 and March 24th, 2023. This represents a $3,707,820 divestment of the company's shares and an account share holdings change of -17.2%.

Altius Minerals Corporation is a mineral royalty, renewable energy royalty and mineral project generation company. The Company holds royalty interests in approximately 12 operating mines located in Americas and produces copper, zinc, nickel, cobalt, potash, iron ore and thermal (electrical) coal. It operates through three segments: Mineral Royalties, Project Generation and Renewable Royalties. Its Mineral Royalties segment consists of the acquisition and management of producing and development stage royalty and streaming interests. Its Project Generation segment consists of acquisition and early-stage exploration of mineral resource properties with a goal of vending the properties to third parties in exchange for early-stage royalties and minority equity or project interests. Its Renewable Royalties segments consists of majority interest holding in Altius Renewable Royalties Corp (ARR), which is focused on the acquisition and management of renewable energy investments and royalties.