Altius Minerals Q3 EPS Raised by Raymond James Financial

Key Points

• Raymond James Financial has raised Altius Minerals' Q3 EPS estimate from $0.10 to $0.11, while projecting full-year earnings at $0.35 per share.
• Altius Minerals announced an increase in its quarterly dividend to $0.10, up from $0.09, reflecting a 1.4% dividend yield.
• TD Securities and National Bankshares have both upgraded their target prices for Altius Minerals shares, from C$32.00 to C$34.00 and from C$35.00 to C$36.00, respectively, with a consensus rating of "Buy" among analysts.

Altius Minerals Co. (TSE:ALS - Free Report) - Raymond James Financial upped their Q3 2026 earnings estimates for Altius Minerals in a research note issued to investors on Wednesday, August 20th. Raymond James Financial analyst B. Macarthur now anticipates that the company will earn $0.11 per share for the quarter, up from their previous forecast of $0.10. The consensus estimate for Altius Minerals' current full-year earnings is $0.35 per share. Raymond James Financial also issued estimates for Altius Minerals' FY2026 earnings at $0.41 EPS.

Several other equities research analysts have also weighed in on ALS. 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 report on Monday, July 28th. National Bankshares raised their target price on shares of Altius Minerals from C$35.00 to C$36.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of C$31.83.

Altius Minerals Trading Up 0.9%

Shares of TSE ALS opened at C$29.29 on Monday. The company's 50 day simple moving average is C$28.17 and its 200 day simple moving average is C$26.69. The company has a debt-to-equity ratio of 19.48, a current ratio of 8.36 and a quick ratio of 6.49. The firm has a market capitalization of C$1.35 billion, a P/E ratio of 99.14 and a beta of 0.94. Altius Minerals has a fifty-two week low of C$22.27 and a fifty-two week high of C$30.55.

Altius Minerals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be given a $0.10 dividend. This is a boost from Altius Minerals's previous quarterly dividend of $0.09. This represents a $0.40 annualized dividend and a dividend yield of 1.4%. Altius Minerals's payout ratio is presently 121.85%.

Insider Activity at Altius Minerals

In related news, Senior Officer Benjamin Gerard Lewis sold 3,034 shares of the company's 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. Also, Senior Officer Mark Raguz acquired 1,400 shares of the stock in a transaction that occurred 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 currently owned by insiders.

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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