FY2026 EPS Forecast for Altius Minerals Decreased by Analyst

Altius Minerals Co. (TSE:ALS) – Equities researchers at Cormark lowered their FY2026 earnings per share (EPS) estimates for shares of Altius Minerals in a research report issued on Thursday, November 13th. Cormark analyst R. Gray now expects that the company will post earnings of $0.38 per share for the year, down from their prior forecast of $0.46. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share.

ALS has been the subject of a number of other research reports. National Bankshares upped their price objective on shares of Altius Minerals from C$35.00 to C$36.00 and gave the company an “outperform” rating in a research note on Wednesday, August 13th. Raymond James Financial boosted their price target on shares of Altius Minerals from C$37.00 to C$40.00 in a research note on Thursday, November 13th. BMO Capital Markets raised their price objective on Altius Minerals from C$34.00 to C$35.00 in a research note on Wednesday, November 12th. TD Securities boosted their target price on Altius Minerals from C$34.00 to C$39.00 in a research note on Tuesday, October 21st. Finally, Scotiabank increased their target price on Altius Minerals from C$36.00 to C$37.00 in a report on Tuesday, October 28th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$37.83.

Altius Minerals Stock Up 0.9%

Shares of TSE ALS opened at C$40.61 on Monday. The stock has a market capitalization of C$1.88 billion, a P/E ratio of 5.31 and a beta of 0.17. Altius Minerals has a one year low of C$22.27 and a one year high of C$44.44. The firm’s 50 day simple moving average is C$34.89 and its two-hundred day simple moving average is C$30.37. The company has a debt-to-equity ratio of 19.48, a current ratio of 8.36 and a quick ratio of 6.49.

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.