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) - Equities research analysts at Raymond James Financial increased their Q3 2026 EPS estimates for shares of Altius Minerals in a report released on Wednesday, August 20th. Raymond James Financial analyst B. Macarthur now forecasts that the company will post earnings of $0.11 per share for the quarter, up from their previous estimate 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.

ALS has been the subject of several other reports. National Bankshares lifted their price objective on shares of Altius Minerals from C$35.00 to C$36.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. TD Securities increased their price target 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. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of C$31.83.

Altius Minerals Stock Up 3.3%

Shares of TSE:ALS traded up C$0.95 during trading on Monday, hitting C$29.98. The company's stock had a trading volume of 91,519 shares, compared to its average volume of 88,312. The business has a 50 day moving average price of C$28.39 and a two-hundred day moving average price of C$26.77. The company has a market capitalization of C$1.39 billion, a PE ratio of 14.41 and a beta of 0.12. The company has a debt-to-equity ratio of 19.48, a quick ratio of 6.49 and a current ratio of 8.36. Altius Minerals has a fifty-two week low of C$22.27 and a fifty-two week high of C$30.55.

Insiders Place Their Bets

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

Altius Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Altius Minerals's previous quarterly dividend of $0.09. Altius Minerals's dividend payout ratio (DPR) is currently 17.31%.

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.