Scotiabank Comments on Altius Minerals FY2026 Earnings

Altius Minerals Co. (TSE:ALS) – Stock analysts at Scotiabank issued their FY2026 EPS estimates for shares of Altius Minerals in a report issued on Thursday, July 23rd. Scotiabank analyst O. Wowkodaw forecasts that the company will earn $0.94 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 $1.36 EPS.

Other equities research analysts also recently issued reports about the company. TD set a C$60.00 price objective on Altius Minerals and gave the stock a “hold” rating in a research note on Wednesday, July 22nd. National Bank Financial lifted their target price on Altius Minerals from C$62.50 to C$70.00 and gave the company an “outperform” rating in a research note on Tuesday, July 14th. Canaccord Genuity Group upped their target price on Altius Minerals from C$51.00 to C$60.00 in a report on Tuesday, May 12th. TD Securities downgraded Altius Minerals from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Finally, BMO Capital Markets increased their price target on shares of Altius Minerals from C$44.00 to C$49.00 and gave the stock a “market perform” rating in a research report on Wednesday, May 13th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Altius Minerals has an average rating of “Hold” and a consensus price target of C$61.75.

Altius Minerals Stock Performance

Shares of Altius Minerals stock opened at C$58.36 on Monday. Altius Minerals has a 12 month low of C$28.33 and a 12 month high of C$66.05. The company has a quick ratio of 6.49, a current ratio of 9.96 and a debt-to-equity ratio of 6.56. The stock has a market cap of C$3.25 billion, a PE ratio of 9.32 and a beta of 0.40. The business has a fifty day simple moving average of C$58.54 and a 200-day simple moving average of C$51.39.

Altius Minerals (TSE:ALS) last released its earnings results on Tuesday, May 12th. The company reported C$0.11 earnings per share (EPS) for the quarter. The company had revenue of C$22.17 million during the quarter. Altius Minerals had a return on equity of 32.43% and a net margin of 543.91%.

Insider Activity at Altius Minerals

In related news, insider Stephanie Hussey purchased 1,700 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average cost of C$50.96 per share, with a total value of C$86,632.00. Following the completion of the purchase, the insider owned 18,521 shares of the company’s stock, valued at C$943,830.16. The trade was a 10.11% increase in their position. 19.00% of the stock is currently owned by corporate insiders.

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.