Brokers Issue Forecasts for Altius Minerals FY2026 Earnings

Altius Minerals Co. (TSE:ALS) – Stock analysts at Scotiabank lifted their FY2026 earnings estimates for Altius Minerals in a research report issued on Monday, November 2nd. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $0.85 for the year, up from their previous forecast of $0.84. Scotiabank has a “Hold” rating on the stock. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share.

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. Altius Minerals had a return on equity of 27.08% and a net margin of 462.21%. The business had revenue of C$23.15 million for the quarter.

A number of other research analysts have also recently commented on the company. TD set a C$60.00 target price on Altius Minerals and gave the company a “hold” rating in a research note on Wednesday, July 22nd. Canaccord Genuity Group upped their price target on Altius Minerals from C$60.00 to C$70.00 in a research note on Tuesday, August 11th. National Bank Financial increased their price objective on Altius Minerals from C$70.00 to C$75.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. ATB Cormark Capital Markets increased their price objective on Altius Minerals from C$68.00 to C$79.00 in a report on Tuesday, July 14th. Finally, Raymond James Financial raised their price objective on Altius Minerals from C$66.00 to C$69.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Altius Minerals presently has a consensus rating of “Hold” and an average target price of C$64.00.

Altius Minerals Stock Up 4.4%

ALS stock opened at C$51.81 on Thursday. Altius Minerals has a fifty-two week low of C$37.50 and a fifty-two week high of C$69.55. The company has a market capitalization of C$3.04 billion, a price-to-earnings ratio of 8.22 and a beta of 0.47. The business’s 50 day moving average price is C$61.69 and its two-hundred day moving average price is C$55.30. The company has a debt-to-equity ratio of 6.47, a quick ratio of 6.49 and a current ratio of 13.49.

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.