FY2025 EPS Estimates for Altius Minerals Reduced by Analyst

Key Points

• Analysts at Raymond James Financial have reduced their FY2025 earnings per share (EPS) estimates for Altius Minerals from $0.28 to $0.26.
• Altius Minerals declared a quarterly dividend of $0.10 per share, increasing from the previous $0.09, with a projected annualized yield of 1.4%.
• Several analysts have adjusted their target prices for Altius Minerals, with Canaccord Genuity raising their target from C$33.00 to C$35.00 and TD Securities increasing it from C$32.00 to C$34.00.

Altius Minerals Co. (TSE:ALS - Free Report) - Equities research analysts at Raymond James Financial lowered their FY2025 earnings per share (EPS) estimates for Altius Minerals in a research note issued to investors on Monday, August 11th. Raymond James Financial analyst B. Macarthur now anticipates that the company will post earnings of $0.26 per share for the year, down from their prior forecast of $0.28. The consensus estimate for Altius Minerals' current full-year earnings is $0.35 per share. Raymond James Financial also issued estimates for Altius Minerals' Q1 2026 earnings at $0.09 EPS and FY2026 earnings at $0.40 EPS.

A number of other research analysts have also issued reports on the company. Canaccord Genuity Group lifted their target price on Altius Minerals from C$33.00 to C$35.00 in a report on Monday, April 21st. TD Securities lifted their target price on Altius Minerals from C$32.00 to C$34.00 and gave the stock a "buy" rating in a report on Monday, July 28th.

Altius Minerals Price Performance

TSE:ALS opened at C$29.31 on Wednesday. The business's 50-day moving average price is C$27.86 and its 200 day moving average price is C$26.61. The firm has a market cap of C$1.35 billion, a P/E ratio of 99.20 and a beta of 0.94. Altius Minerals has a 52-week low of C$21.57 and a 52-week high of C$30.55. The company has a quick ratio of 6.49, a current ratio of 8.36 and a debt-to-equity ratio of 19.48.

Insider Transactions at Altius Minerals

In related 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 dated Friday, August 1st. The stock was sold at an average price of C$29.10, for a total value of C$88,289.40. Company insiders own 19.00% of the company's stock.

Altius Minerals Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors 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 yield of 1.4%. This is a boost from Altius Minerals's previous quarterly dividend of $0.09. Altius Minerals's dividend payout ratio (DPR) is currently 121.85%.

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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