Scotiabank Predicts Altius Minerals FY2026 Earnings

Altius Minerals Co. (TSE:ALS) – Equities researchers at Scotiabank issued their FY2026 EPS estimates for shares of Altius Minerals in a report released on Thursday, July 23rd. Scotiabank analyst O. Wowkodaw forecasts that the company will post earnings per share of $0.94 for the year. Scotiabank 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 analysts have also recently commented on ALS. TD Securities cut Altius Minerals from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. TD set a C$60.00 price target on shares of Altius Minerals and gave the stock a “hold” rating in a research report on Wednesday, July 22nd. ATB Cormark Capital Markets raised their price objective on shares of Altius Minerals from C$68.00 to C$79.00 in a research note on Tuesday, July 14th. Canaccord Genuity Group lifted their price objective on shares of Altius Minerals from C$51.00 to C$60.00 in a report on Tuesday, May 12th. Finally, Raymond James Financial upped their target price on shares of Altius Minerals from C$64.00 to C$66.00 in a research note on Monday, July 13th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Altius Minerals presently has a consensus rating of “Hold” and a consensus target price of C$61.75.

Altius Minerals Price Performance

ALS stock opened at C$57.05 on Monday. The business’s fifty day moving average price is C$58.77 and its 200 day moving average price is C$51.59. 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. The company has a market capitalization of C$3.18 billion, a PE ratio of 9.11 and a beta of 0.40.

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

Insider Activity

In related news, insider Stephanie Hussey acquired 1,700 shares of the firm’s stock in a transaction dated 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 purchase, the insider owned 18,521 shares of the company’s stock, valued at C$943,830.16. This represents a 10.11% increase in their position. Insiders own 19.00% of the company’s stock.

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.