FY2026 EPS Estimates for Altius Minerals Boosted by Analyst

Altius Minerals Co. (TSE:ALS) – Equities researchers at Scotiabank boosted their FY2026 earnings per share estimates for Altius Minerals in a research report issued on Tuesday, July 7th. Scotiabank analyst O. Wowkodaw now anticipates that the company will earn $0.91 per share for the year, up from their previous forecast of $0.89. Scotiabank has a “Sector Perform” rating and a $58.00 price objective 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 $1.35 EPS.

Other equities research analysts have also issued reports about the company. TD Securities lowered Altius Minerals from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. BMO Capital Markets boosted their price objective on Altius Minerals from C$44.00 to C$49.00 and gave the stock a “market perform” rating in a research note on Wednesday, May 13th. Raymond James Financial increased their target price on Altius Minerals from C$52.00 to C$59.00 in a report on Thursday, May 14th. National Bank Financial lifted their price target on Altius Minerals from C$57.50 to C$62.50 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Finally, TD downgraded shares of Altius Minerals from a “buy” rating to a “hold” rating and upped their price target for the stock from C$52.00 to C$54.00 in a research report on Friday, April 10th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Altius Minerals has an average rating of “Hold” and a consensus target price of C$56.36.

Altius Minerals Stock Performance

TSE ALS opened at C$61.31 on Wednesday. Altius Minerals has a 1-year low of C$26.83 and a 1-year high of C$65.92. The company has a 50 day moving average of C$56.78 and a 200-day moving average of C$49.65. The company has a current ratio of 9.96, a quick ratio of 6.49 and a debt-to-equity ratio of 6.56. The firm has a market cap of C$3.42 billion, a price-to-earnings ratio of 9.79 and a beta of 0.40.

Altius Minerals (TSE:ALS) last issued its earnings results on Tuesday, May 12th. The company reported C$0.11 EPS for the quarter. The company had revenue of C$22.17 million for the quarter. Altius Minerals had a net margin of 543.91% and a return on equity of 32.43%.

Insider Transactions at Altius Minerals

In other Altius Minerals news, insider Stephanie Hussey bought 1,700 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were bought at an average cost of C$50.96 per share, for a total transaction of C$86,632.00. Following the transaction, the insider owned 18,521 shares in the company, valued at approximately C$943,830.16. This trade represents a 10.11% increase in their position. Insiders own 19.00% of the company’s stock.

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.