Altius Minerals (TSE:ALS) Sets New 12-Month High on Analyst Upgrade

Posted by on May 14th, 2026

Altius Minerals Co. (TSE:ALS – Get Free Report)’s share price reached a new 52-week high on Tuesday after BMO Capital Markets raised their price target on the stock from C$44.00 to C$49.00. BMO Capital Markets currently has a market perform rating on the stock. Altius Minerals traded as high as C$55.66 and last traded at C$55.10, with a volume of 161402 shares traded. The stock had previously closed at C$53.43.

Other equities analysts have also recently issued reports about the stock. TD cut shares of Altius Minerals from a “buy” rating to a “hold” rating and boosted their price objective for the company from C$52.00 to C$54.00 in a research note on Friday, April 10th. Raymond James Financial boosted their price objective on shares of Altius Minerals from C$48.00 to C$52.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. National Bank Financial boosted their price objective on shares of Altius Minerals from C$57.50 to C$62.50 and gave the company an “outperform” rating in a research note on Wednesday. Canaccord Genuity Group raised their price objective on shares of Altius Minerals from C$51.00 to C$60.00 in a research report on Tuesday. Finally, TD Securities downgraded shares of 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 four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Altius Minerals currently has a consensus rating of “Hold” and an average target price of C$52.36.

Get Our Latest Report on Altius Minerals

Insider Buying and Selling

In other Altius Minerals news, Director Brian Dalton acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were purchased at an average price of C$43.66 per share, with a total value of C$87,320.00. Following the completion of the acquisition, the director directly owned 828,356 shares of the company’s stock, valued at approximately C$36,166,022.96. The trade was a 0.24% 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 acquired at an average cost of C$40.20 per share, for a total transaction of C$40,200.00. Following the acquisition, the insider directly owned 21,253 shares of the company’s stock, valued at C$854,370.60. This trade represents a 4.94% increase in their ownership of the stock. Insiders have acquired 5,600 shares of company stock valued at $235,322 over the last quarter. Company insiders own 19.00% of the company’s stock.

Altius Minerals Price Performance

The company has a debt-to-equity ratio of 9.98, a current ratio of 15.11 and a quick ratio of 6.49. The company’s 50 day moving average is C$49.07 and its 200 day moving average is C$44.46. The stock has a market cap of C$3.15 billion, a price-to-earnings ratio of 8.92 and a beta of 0.36.

Altius Minerals (TSE:ALS – Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C$0.11 EPS for the quarter. Altius Minerals had a net margin of 614.83% and a return on equity of 41.51%. The firm had revenue of C$22.17 million during the quarter. Research analysts forecast that Altius Minerals Co. will post 0.3509869 earnings per share for the current fiscal year.

Altius Minerals Company Profile

(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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