Altius Minerals Co. (TSE:ALS – Free Report) – Research analysts at Scotiabank upped their FY2026 earnings per share estimates for shares of Altius Minerals in a research note issued to investors on Monday, November 2nd. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings of $0.85 per share for the year, up from their prior estimate of $0.84. Scotiabank currently has a “Hold” rating on the stock. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share.
Several other research analysts have also recently issued reports on the stock. Canaccord Genuity Group raised their target price on shares of Altius Minerals from C$60.00 to C$70.00 in a report on Tuesday, August 11th. National Bank Financial upped their price target on shares of Altius Minerals from C$70.00 to C$75.00 and gave the company an “outperform” rating in a report on Wednesday, August 12th. ATB Cormark Capital Markets increased their price target on shares of Altius Minerals from C$68.00 to C$79.00 in a research report on Tuesday, July 14th. Raymond James Financial increased their price target on shares of Altius Minerals from C$66.00 to C$69.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. Finally, TD set a C$60.00 price target on shares of Altius Minerals and gave the stock a “hold” rating in a report on Wednesday, July 22nd. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Altius Minerals currently has a consensus rating of “Hold” and a consensus price target of C$64.00.
Read Our Latest Report on Altius Minerals
Altius Minerals Stock Performance
Shares of ALS stock opened at C$51.81 on Thursday. The company has a debt-to-equity ratio of 6.47, a quick ratio of 6.49 and a current ratio of 13.49. Altius Minerals has a fifty-two week low of C$37.50 and a fifty-two week high of C$69.55. The stock has a 50 day moving average price of C$61.69 and a two-hundred day moving average price of C$55.30. The company has a market capitalization of C$3.04 billion, a P/E ratio of 8.22 and a beta of 0.47.
Altius Minerals (TSE:ALS – Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported C$0.14 earnings per share (EPS) for the quarter. The business had revenue of C$23.15 million for the quarter. Altius Minerals had a return on equity of 27.08% and a net margin of 462.21%.
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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