Scotiabank Forecasts Altius Minerals FY2026 Earnings

Altius Minerals Co. (TSE:ALS) – Equities researchers at Scotiabank issued their FY2026 earnings estimates for shares of Altius Minerals in a note issued to investors on Thursday, March 12th. Scotiabank analyst O. Wowkodaw anticipates that the company will post earnings of $0.74 per share for the year. Scotiabank currently has a “Hold” rating on the stock. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share. Scotiabank also issued estimates for Altius Minerals’ FY2027 earnings at $1.04 EPS.

ALS has been the subject of several other research reports. Raymond James Financial raised their price target on shares of Altius Minerals from C$47.00 to C$48.00 and gave the stock an “outperform” rating in a research note on Friday. National Bank Financial upped their price objective on Altius Minerals from C$45.50 to C$52.00 in a research note on Thursday, January 29th. Finally, TD Securities increased their price objective on Altius Minerals from C$39.00 to C$52.00 and gave the company a “buy” rating in a report on Thursday. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Altius Minerals has an average rating of “Moderate Buy” and a consensus target price of C$44.00.

Altius Minerals Stock Performance

Shares of ALS stock opened at C$43.05 on Monday. The company has a debt-to-equity ratio of 9.98, a quick ratio of 6.49 and a current ratio of 15.11. The firm has a market cap of C$1.99 billion, a price-to-earnings ratio of 5.63 and a beta of 0.33. Altius Minerals has a 52 week low of C$22.27 and a 52 week high of C$49.73. The firm’s 50-day simple moving average is C$45.23 and its two-hundred day simple moving average is C$39.43.

Altius Minerals (TSE:ALS) last posted its quarterly earnings results on Tuesday, March 10th. The company reported C$0.24 earnings per share for the quarter. Altius Minerals had a net margin of 614.83% and a return on equity of 41.51%. The company had revenue of C$14.06 million during the quarter.

Insider Activity

In other Altius Minerals news, insider Flora Emily Mackay Wood bought 1,000 shares of Altius Minerals stock in a transaction dated Friday, January 30th. The stock was purchased at an average price of C$43.15 per share, for a total transaction of C$43,150.00. Following the completion of the purchase, the insider directly owned 13,370 shares of the company’s stock, valued at approximately C$576,915.50. This trade represents a 8.08% increase in their ownership of the stock. Also, insider Mark Raguz purchased 1,160 shares of the stock in a transaction dated Friday, January 30th. The stock was acquired at an average cost of C$43.01 per share, for a total transaction of C$49,891.60. Following the transaction, the insider owned 20,253 shares of the company’s stock, valued at approximately C$871,081.53. This trade represents a 6.08% increase in their ownership of the stock. 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.