Altius Minerals FY2025 EPS Lifted by National Bank Financial

Key Points

• National Bank Financial increased Altius Minerals' FY2025 earnings per share (EPS) estimate from $0.23 to $0.25, while forecasting FY2026 EPS at $0.41.
• Altius Minerals declared a quarterly dividend increase to $0.10 per share, up from $0.09, representing an annualized yield of 1.2%.
• The stock has received positive ratings from multiple analysts, with a consensus "Buy" rating and an average price target of C$32.40.

Altius Minerals Co. (TSE:ALS - Free Report) - Analysts at National Bank Financial raised their FY2025 earnings estimates for Altius Minerals in a research report issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $0.25 for the year, up from their previous estimate of $0.23. The consensus estimate for Altius Minerals' current full-year earnings is $0.35 per share. National Bank Financial also issued estimates for Altius Minerals' FY2026 earnings at $0.41 EPS.

Several other equities analysts also recently weighed in on ALS. National Bankshares raised their price target on shares of Altius Minerals from C$35.00 to C$36.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. TD Securities raised their price objective 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. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of C$32.40.

Altius Minerals Stock Performance

TSE:ALS opened at C$32.88 on Thursday. The company's 50-day moving average price is C$29.73 and its 200-day moving average price is C$27.37. The company has a current ratio of 8.36, a quick ratio of 6.49 and a debt-to-equity ratio of 19.48. The company has a market cap of C$1.52 billion, a P/E ratio of 15.81 and a beta of 0.12. Altius Minerals has a twelve month low of C$22.27 and a twelve month high of C$33.76.

Insider Transactions at Altius Minerals

In other Altius Minerals news, Senior Officer Benjamin Gerard Lewis sold 3,034 shares of Altius Minerals stock in a transaction dated Friday, August 1st. The shares were sold at an average price of C$29.10, for a total transaction of C$88,289.40. Also, Senior Officer Mark Raguz purchased 1,400 shares of the company's stock in a transaction on Friday, July 25th. The shares were bought at an average price of C$28.41 per share, with a total value of C$39,778.20. 19.00% of the stock is owned by company insiders.

Altius Minerals Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a dividend of $0.10 per share. This is a boost from Altius Minerals's previous quarterly dividend of $0.09. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.2%. Altius Minerals's dividend payout ratio (DPR) is currently 17.31%.

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.

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