Brokers Set Expectations for Altius Minerals FY2025 Earnings

Altius Minerals Co. (TSE:ALS) – Analysts at National Bank Financial raised their FY2025 EPS estimates for shares of Altius Minerals in a research note issued to investors on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now anticipates that the company will earn $0.25 per share for the year, up from their prior forecast of $0.23. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share. National Bank Financial also issued estimates for Altius Minerals’ FY2026 earnings at $0.41 EPS.

Several other brokerages have also recently commented on ALS. National Bankshares increased their price target on shares of Altius Minerals from C$35.00 to C$36.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. TD Securities lifted their target price on Altius Minerals from C$32.00 to C$34.00 and gave the stock a “buy” rating in a research report on Monday, July 28th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, Altius Minerals has a consensus rating of “Buy” and a consensus target price of C$32.40.

Altius Minerals Stock Performance

TSE:ALS opened at C$33.13 on Thursday. The company has a debt-to-equity ratio of 19.48, a current ratio of 8.36 and a quick ratio of 6.49. The firm has a 50-day moving average of C$29.84 and a two-hundred day moving average of C$27.42. The stock has a market cap of C$1.53 billion, a P/E ratio of 15.93 and a beta of 0.12. Altius Minerals has a 1-year low of C$22.27 and a 1-year high of C$33.76.

Insider Buying and Selling

In related news, Senior Officer Mark Raguz purchased 1,400 shares of the company’s stock in a transaction on Friday, July 25th. The shares were bought at an average price of C$28.41 per share, with a total value of C$39,778.20. Also, Senior Officer Benjamin Gerard Lewis sold 3,034 shares of the firm’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of C$29.10, for a total transaction of C$88,289.40. 19.00% of the stock is owned by company insiders.

Altius Minerals Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.2%. This is a positive change from Altius Minerals’s previous quarterly dividend of $0.09. Altius Minerals’s dividend payout ratio (DPR) is currently 17.31%.

Altius Minerals Company Profile

Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties.