The Globe and Mail reports in its Tuesday edition that the U.S.-Iran war has sent energy prices soaring on supply disruptions, while the prices of some other commodities have plunged on recession fears. Guest columnist Ted Dixon writes that typically, we would expect to see profit-taking after a strong rally such as shown with the S&P/TSX Capped Energy Index, which was up about 13.1 per cent over one month as of Friday. Altius Minerals is a case in point. Altius holds a diversified portfolio of royalty interests spanning potash, base and battery metals, electricity generation, iron ore, gold, lithium and nickel. According to the company, its royalty mines have, on average, remaining reserve lives of more than 35 years. Altius reported 2025 attributable royalty revenue of $69.9-million, up from $64-million in 2024, with contributions from base metals, potash, electricity generation and iron ore. Altius holds six Saskatchewan potash mine royalties. Despite the potash supply risk, Altius stock tumbled 8.8 per cent over the past month as of Friday. Insiders have been buying the pullback. Three insiders who are either an officer or director spent just over $317,000 buying shares in the public market in the past week.
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