Altius Minerals (TSE:ALS) Hits New 52-Week High – Time to Buy?

Posted by Stanley Muller on Jun 29th, 2026

Shares of Altius Minerals Co. (TSE:ALS – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$62.58 and last traded at C$62.39, with a volume of 69419 shares. The stock had previously closed at C$61.22.

Wall Street Analyst Weigh In

A number of research firms recently commented on ALS. TD cut Altius Minerals from a “buy” rating to a “hold” rating and upped their price objective for the company from C$52.00 to C$54.00 in a research report on Friday, April 10th. BMO Capital Markets boosted their price target on Altius Minerals from C$44.00 to C$49.00 and gave the company a “market perform” rating in a research note on Wednesday, May 13th. National Bank Financial upped their price target on shares of Altius Minerals from C$57.50 to C$62.50 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Raymond James Financial increased their price objective on shares of Altius Minerals from C$52.00 to C$59.00 in a research note on Thursday, May 14th. Finally, TD Securities lowered 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 given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of C$56.36.

Get Our Latest Stock Analysis on ALS

Altius Minerals Trading Up 3.1%

The stock has a 50 day moving average of C$55.09 and a 200-day moving average of C$48.48. The company has a market capitalization of C$3.52 billion, a P/E ratio of 10.08 and a beta of 0.39. The company has a current ratio of 9.96, a quick ratio of 6.49 and a debt-to-equity ratio of 6.56.

Altius Minerals (TSE:ALS – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C$0.11 earnings per share for the quarter. The business had revenue of C$22.17 million during the quarter. Altius Minerals had a net margin of 543.91% and a return on equity of 32.43%. On average, research analysts predict that Altius Minerals Co. will post 0.3509869 EPS for the current year.

Insider Buying and Selling

In other Altius Minerals news, insider Stephanie Hussey acquired 1,700 shares of the stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average cost of C$50.96 per share, for a total transaction of C$86,632.00. Following the completion of the transaction, the insider directly owned 18,521 shares of the company’s stock, valued at approximately C$943,830.16. The trade was a 10.11% increase in their ownership of the stock. 19.00% of the stock is currently owned by corporate 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.