FY2026 EPS Forecast for Altius Minerals Reduced by Analyst

Altius Minerals Co. (TSE:ALS) – Investment analysts at Scotiabank cut their FY2026 earnings estimates for Altius Minerals in a report issued on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now expects that the company will post earnings of $0.84 per share for the year, down from their previous forecast of $0.94. 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 $1.28 EPS.

Altius Minerals (TSE:ALS) last posted its quarterly earnings data on Monday, August 10th. The company reported C$0.14 earnings per share for the quarter. The business had revenue of C$23.15 million during the quarter. Altius Minerals had a return on equity of 27.08% and a net margin of 462.21%.

Several other brokerages have also recently weighed in on ALS. TD set a C$60.00 price target on Altius Minerals and gave the company a “hold” rating in a research note on Wednesday, July 22nd. Canaccord Genuity Group lifted their price objective on Altius Minerals from C$60.00 to C$70.00 in a research note on Tuesday, August 11th. Raymond James Financial upped their target price on Altius Minerals from C$64.00 to C$66.00 in a report on Monday, July 13th. ATB Cormark Capital Markets increased their target price on shares of Altius Minerals from C$68.00 to C$79.00 in a research report on Tuesday, July 14th. Finally, BMO Capital Markets increased their target price 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. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of C$63.62.

Altius Minerals Stock Up 1.3%

Shares of ALS opened at C$63.12 on Friday. The stock’s 50-day moving average price is C$60.73 and its two-hundred day moving average price is C$53.49. Altius Minerals has a 12 month low of C$28.84 and a 12 month high of C$66.05. The company has a market capitalization of C$3.71 billion, a PE ratio of 10.02 and a beta of 0.40. The company has a current ratio of 13.49, a quick ratio of 6.49 and a debt-to-equity ratio of 6.47.

Altius Minerals Company Profile

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.