Scotiabank Predicts Altius Minerals FY2026 Earnings

Altius Minerals Co. (TSE:ALS) – Equities researchers at Scotiabank issued their FY2026 EPS estimates for Altius Minerals in a research note issued on Thursday, March 12th. Scotiabank analyst O. Wowkodaw forecasts that the company will post earnings of $0.74 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 $1.04 EPS.

Altius Minerals (TSE:ALS) last announced its earnings results on Tuesday, March 10th. The company reported C$0.24 earnings per share (EPS) for the quarter. Altius Minerals had a return on equity of 41.51% and a net margin of 614.83%.The business had revenue of C$14.06 million during the quarter.

Other analysts have also recently issued reports about the company. National Bank Financial upped their target price on Altius Minerals from C$45.50 to C$52.00 in a report on Thursday, January 29th. TD Securities raised their price target on shares of Altius Minerals from C$39.00 to C$52.00 and gave the stock a “buy” rating in a report on Thursday, March 12th. Canaccord Genuity Group boosted their price target on shares of Altius Minerals from C$47.00 to C$51.00 in a research report on Monday. Finally, Raymond James Financial upped their price objective on shares of Altius Minerals from C$47.00 to C$48.00 and gave the company an “outperform” rating in a research note on Friday. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Altius Minerals presently has a consensus rating of “Moderate Buy” and an average target price of C$45.83.

Altius Minerals Trading Up 2.2%

Shares of ALS stock opened at C$44.00 on Monday. Altius Minerals has a 1-year low of C$22.27 and a 1-year high of C$49.73. The company has a current ratio of 15.11, a quick ratio of 6.49 and a debt-to-equity ratio of 9.98. The stock has a market cap of C$2.04 billion, a price-to-earnings ratio of 5.75 and a beta of 0.33. The stock has a 50-day moving average of C$45.25 and a 200-day moving average of C$39.54.

Insider Activity at Altius Minerals

In other Altius Minerals news, insider Flora Emily Mackay Wood purchased 1,000 shares of the company’s stock in a transaction on Friday, January 30th. The shares were purchased at an average cost of C$43.15 per share, with a total value of C$43,150.00. Following the completion of the purchase, the insider owned 13,370 shares in the company, valued at C$576,915.50. This represents a 8.08% increase in their ownership of the stock. Also, insider Mark Raguz purchased 1,160 shares of the business’s stock in a transaction on Friday, January 30th. The shares were acquired at an average price of C$43.01 per share, for a total transaction of C$49,891.60. Following the completion of the acquisition, the insider directly owned 20,253 shares in the company, valued at approximately C$871,081.53. This represents a 6.08% increase in their position. Company insiders own 19.00% of the company’s stock.

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.