Scotiabank Comments on Altius Minerals FY2026 Earnings

Altius Minerals Co. (TSE:ALS) – Investment analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Altius Minerals in a research note issued to investors on Thursday, July 23rd. Scotiabank analyst O. Wowkodaw expects that the company will earn $0.94 per share for the year. Scotiabank currently has a “Hold” rating 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 $1.36 EPS.

A number of other equities research analysts have also weighed in on ALS. BMO Capital Markets boosted their target price on shares of Altius Minerals from C$44.00 to C$49.00 and gave the stock a “market perform” rating in a report on Wednesday, May 13th. TD set a C$60.00 price target on shares of Altius Minerals and gave the company a “hold” rating in a research note on Wednesday, July 22nd. National Bank Financial lifted their price target on shares of Altius Minerals from C$62.50 to C$70.00 and gave the stock an “outperform” rating in a report on Tuesday, July 14th. ATB Cormark Capital Markets lifted their price objective on Altius Minerals from C$68.00 to C$79.00 in a research note on Tuesday, July 14th. Finally, TD Securities cut Altius Minerals from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Two investment 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, the company presently has a consensus rating of “Hold” and an average price target of C$61.75.

Altius Minerals Stock Performance

Shares of ALS stock opened at C$58.97 on Monday. The business’s 50-day moving average price is C$58.66 and its 200-day moving average price is C$51.49. The firm has a market capitalization of C$3.29 billion, a price-to-earnings ratio of 9.42 and a beta of 0.40. Altius Minerals has a 12 month low of C$28.63 and a 12 month high of C$66.05. 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) last issued its earnings results on Tuesday, May 12th. The company reported C$0.11 earnings per share (EPS) 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 Buying and Selling

In other Altius Minerals news, insider Stephanie Hussey bought 1,700 shares of the stock in a transaction on Wednesday, May 20th. The stock was 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 acquisition, the insider owned 18,521 shares in the company, valued at C$943,830.16. This trade represents a 10.11% increase in their position. 19.00% of the stock is owned by corporate insiders.

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.