Cormark Brokers Boost Earnings Estimates for Altius Minerals

Altius Minerals Co. (TSE:ALS) – Cormark lifted their FY2026 earnings estimates for Altius Minerals in a report issued on Thursday, May 15th. Cormark analyst R. Gray now forecasts that the company will earn $0.59 per share for the year, up from their previous estimate of $0.46. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share.

Several other analysts have also recently weighed in on ALS. BMO Capital Markets raised their target price on shares of Altius Minerals from C$23.00 to C$24.00 in a report on Thursday, January 30th. TD Securities raised their target price on shares of Altius Minerals from C$28.00 to C$31.00 in a report on Wednesday, April 23rd. Finally, Canaccord Genuity Group raised their target price on shares of Altius Minerals from C$33.00 to C$35.00 in a report on Monday, April 21st.

Altius Minerals Stock Down 0.9%

Shares of ALS opened at C$26.58 on Friday. The company’s 50-day simple moving average is C$25.30 and its 200-day simple moving average is C$26.17. The stock has a market capitalization of C$1.23 billion, a PE ratio of 89.96 and a beta of 0.94. Altius Minerals has a 1 year low of C$20.60 and a 1 year high of C$29.03. The company has a debt-to-equity ratio of 19.48, a quick ratio of 6.49 and a current ratio of 8.36.

Altius Minerals Company Profile

Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties.