Brokers Set Expectations for Altius Minerals FY2027 Earnings

Altius Minerals Co. (TSE:ALS) – Equities research analysts at National Bank Financial issued their FY2027 earnings estimates for Altius Minerals in a report released on Thursday, March 13th. National Bank Financial analyst S. Nagle expects that the company will post earnings per share of $0.52 for the year. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share.

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

Altius Minerals Price Performance

Altius Minerals stock opened at C$25.12 on Monday. The firm has a fifty day moving average of C$26.85 and a 200-day moving average of C$26.30. Altius Minerals has a 52-week low of C$20.02 and a 52-week high of C$29.03. The company has a quick ratio of 6.49, a current ratio of 8.36 and a debt-to-equity ratio of 19.48. The firm has a market capitalization of C$1.16 billion, a P/E ratio of 85.02 and a beta of 0.94.

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.