Canada-based
mining company Altius Minerals Corporation (Altius) has announced its financial results for the third quarter and the first nine months ended January 31, 2014. In the third quarter, the company posted a net loss of C$2,000, compared to a net loss of C$3.6 million in the January quarter last year, while the company's revenue increased to C$2 million from C$572,000 in the corresponding quarter last year.
During the first nine months, Altius' net loss was C$2.02 million, compared to C$9.4 million in the same period of the previous year. The company's revenue amounted to C$2.9 million, up 42 percent year on year.