FY2026 EPS Estimates for Altius Minerals Lifted by Analyst

Altius Minerals Co. (TSE:ALS) – Equities research analysts at Scotiabank upped their FY2026 earnings per share (EPS) estimates for shares of Altius Minerals in a report released on Thursday, June 18th. Scotiabank analyst O. Wowkodaw now expects that the company will post earnings of $0.89 per share for the year, up from their prior forecast of $0.85. Scotiabank currently has a “Sector Perform” rating and a $58.00 target price 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 $1.34 EPS.

A number of other analysts have also weighed in on the stock. National Bank Financial raised 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, May 13th. Raymond James Financial upped their target price on shares of Altius Minerals from C$52.00 to C$59.00 in a research note on Thursday, May 14th. TD Securities cut shares of Altius Minerals from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. BMO Capital Markets raised their price target on shares of Altius Minerals from C$44.00 to C$49.00 and gave the company a “market perform” rating in a research report on Wednesday, May 13th. Finally, Canaccord Genuity Group boosted their price objective on shares of Altius Minerals from C$51.00 to C$60.00 in a report on Tuesday, May 12th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$56.36.

Altius Minerals Stock Performance

TSE:ALS opened at C$59.76 on Friday. The stock has a market cap of C$3.33 billion, a P/E ratio of 9.55 and a beta of 0.39. The firm’s fifty day simple moving average is C$54.10 and its 200 day simple moving average is C$47.61. Altius Minerals has a twelve month low of C$26.59 and a twelve month high of C$62.07. The company has a quick ratio of 6.49, a current ratio of 9.96 and a debt-to-equity ratio of 6.56.

Altius Minerals (TSE:ALS) last posted its 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 return on equity of 32.43% and a net margin of 543.91%.

Insider Activity at Altius Minerals

In other news, insider Stephanie Hussey purchased 1,700 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of C$50.96 per share, for a total transaction of C$86,632.00. Following the acquisition, the insider directly owned 18,521 shares of the company’s stock, valued at C$943,830.16. This represents a 10.11% increase in their position. Corporate 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.