
Altius Minerals Co. (TSE:ALS – Free Report) – Investment analysts at Scotiabank dropped their FY2026 earnings per share estimates for shares of Altius Minerals in a research note issued to investors on Friday, April 17th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings of $0.79 per share for the year, down from their previous forecast of $0.82. Scotiabank currently has a “Hold” rating on the stock. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share.
Altius Minerals (TSE:ALS – Get Free Report) last released its quarterly earnings results on Tuesday, March 10th. The company reported C$0.24 earnings per share (EPS) for the quarter. The business had revenue of C$14.06 million during the quarter. Altius Minerals had a return on equity of 41.51% and a net margin of 614.83%.
Read Our Latest Research Report on Altius Minerals
Altius Minerals Trading Up 2.7%
TSE:ALS opened at C$51.82 on Wednesday. The company has a market capitalization of C$2.89 billion, a PE ratio of 8.17 and a beta of 0.30. The company has a quick ratio of 6.49, a current ratio of 15.11 and a debt-to-equity ratio of 9.98. Altius Minerals has a 52-week low of C$25.46 and a 52-week high of C$53.46. The stock has a fifty day simple moving average of C$47.37 and a 200-day simple moving average of C$42.73.
Insider Buying and Selling
In related news, Director Andr� Gaumond acquired 1,000 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was purchased at an average price of C$41.69 per share, for a total transaction of C$41,690.00. Following the transaction, the director owned 78,351 shares in the company, valued at C$3,266,453.19. This trade represents a 1.29% increase in their position. Also, insider Mark Raguz acquired 1,000 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The shares were bought at an average price of C$40.20 per share, with a total value of C$40,200.00. Following the transaction, the insider owned 21,253 shares in the company, valued at C$854,370.60. This represents a 4.94% increase in their position. In the last 90 days, insiders have bought 7,760 shares of company stock worth $328,364. 19.00% of the stock is owned by company insiders.
About Altius Minerals
Altius’s strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with global growth trends including increasing electricity-based market share within energy usage, global infrastructure build and refurbishment growth, increased EAF based steelmaking, steadily increasing agricultural fertilizer requirements and the enhanced appetite for financial asset diversification through precious metals ownership.
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