Cormark Has Bearish Estimate for Altius Minerals Q1 Earnings

Altius Minerals Co. (TSE:ALS) – Equities research analysts at Cormark reduced their Q1 2025 earnings per share estimates for Altius Minerals in a report issued on Friday, March 14th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.05 for the quarter, down from their previous estimate of $0.06. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share. Cormark also issued estimates for Altius Minerals’ Q3 2025 earnings at $0.09 EPS and FY2025 earnings at $0.29 EPS.

A number of other equities analysts also recently commented on ALS. BMO Capital Markets upped their target price on shares of Altius Minerals from C$23.00 to C$24.00 in a research note on Thursday, January 30th. TD Securities dropped their price objective on Altius Minerals from C$32.00 to C$31.00 and set a “buy” rating on the stock in a research note on Thursday, March 13th. Finally, Scotiabank upgraded Altius Minerals from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$27.00 to C$33.00 in a report on Monday, December 23rd.

Altius Minerals Trading Up 0.9 %

ALS stock opened at C$25.35 on Monday. Altius Minerals has a 12 month low of C$20.10 and a 12 month high of C$29.03. The firm’s 50-day moving average is C$26.81 and its 200 day moving average is C$26.31. The company has a market capitalization of C$1.17 billion, a PE ratio of 85.80 and a beta of 0.94. The company has a debt-to-equity ratio of 19.48, a current ratio of 8.36 and a quick ratio of 6.49.

About Altius Minerals

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.