Altius Minerals Co. (TSE:ALS – Free Report) – Equities research analysts at Raymond James Financial reduced their FY2025 earnings estimates for shares of Altius Minerals in a research report issued on Monday, August 11th. Raymond James Financial analyst B. Macarthur now forecasts that the company will earn $0.26 per share for the year, down from their prior forecast of $0.28. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share. Raymond James Financial also issued estimates for Altius Minerals’ Q1 2026 earnings at $0.09 EPS and FY2026 earnings at $0.40 EPS.
A number of other brokerages have also issued reports on ALS. National Bankshares increased their target price on shares of Altius Minerals from C$35.00 to C$36.00 and gave the stock an “outperform” rating in a research report on Wednesday. TD Securities increased their target price on shares of Altius Minerals from C$32.00 to C$34.00 and gave the stock a “buy” rating in a research report on Monday, July 28th. Finally, Canaccord Genuity Group upped their price target on shares of Altius Minerals from C$33.00 to C$35.00 in a report on Monday, April 21st.
Altius Minerals Stock Performance
Shares of TSE:ALS opened at C$28.78 on Wednesday. The company’s 50 day moving average price is C$27.93 and its two-hundred day moving average price is C$26.63. Altius Minerals has a 12-month low of C$21.81 and a 12-month high of C$30.55. The firm has a market cap of C$1.33 billion, a PE ratio of 97.41 and a beta of 0.94. The company has a quick ratio of 6.49, a current ratio of 8.36 and a debt-to-equity ratio of 19.48.
Altius Minerals Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.4%. This is an increase from Altius Minerals’s previous quarterly dividend of $0.09. Altius Minerals’s dividend payout ratio is 121.85%.
Insider Buying and Selling
In other news, Senior Officer Mark Raguz purchased 1,400 shares of the business’s stock in a transaction dated Friday, July 25th. The stock was bought at an average price of C$28.41 per share, with a total value of C$39,778.20. Also, Senior Officer Benjamin Gerard Lewis sold 3,034 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of C$29.10, for a total transaction of C$88,289.40. Corporate insiders own 19.00% of the company’s stock.
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.
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