FY2026 EPS Estimates for Altius Minerals Reduced by Analyst

Altius Minerals Co. (TSE:ALSFree 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:ALSGet 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%.

Several other research analysts also recently issued reports on the company. Canaccord Genuity Group lifted their price target on Altius Minerals from C$47.00 to C$51.00 in a research note on Monday, March 16th. National Bank Financial lifted their price target on Altius Minerals from C$55.00 to C$57.50 and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. Raymond James Financial lifted their price target on Altius Minerals from C$48.00 to C$52.00 and gave the stock an “outperform” rating in a research note on Wednesday. TD downgraded Altius Minerals from a “buy” rating to a “hold” rating and lifted their price target for the stock from C$52.00 to C$54.00 in a research note on Friday, April 10th. Finally, TD Securities cut Altius Minerals from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$48.36.

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

(Get Free Report)

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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Earnings History and Estimates for Altius Minerals (TSE:ALS)

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