FY2025 EPS Estimates for Altius Minerals Lowered 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) - Analysts at Raymond James Financial dropped 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 expects that the company will post earnings of $0.26 per share for the year, down from their previous 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.

ALS has been the subject of a number of other reports. Canaccord Genuity Group increased their price target on Altius Minerals from C$33.00 to C$35.00 in a research report on Monday, April 21st. National Bankshares increased their price target on 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. Finally, TD Securities increased their price target on Altius Minerals from C$32.00 to C$34.00 and gave the company a "buy" rating in a research report on Monday, July 28th.

Altius Minerals Stock Up 1.2%

TSE ALS traded up C$0.34 on Wednesday, reaching C$29.23. The company had a trading volume of 60,387 shares, compared to its average volume of 88,711. The stock has a market capitalization of C$1.35 billion, a P/E ratio of 98.93 and a beta of 0.94. The company's fifty day moving average is C$27.97 and its 200 day moving average is C$26.64. Altius Minerals has a 52-week low of C$22.27 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.

Insiders Place Their Bets

In other Altius Minerals news, Senior Officer Benjamin Gerard Lewis sold 3,034 shares of the company's stock in a transaction on Friday, August 1st. The stock was sold at an average price of C$29.10, for a total value of C$88,289.40. Also, Senior Officer Mark Raguz acquired 1,400 shares of Altius Minerals stock in a transaction on Friday, July 25th. The stock was acquired 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 corporate insiders.

Altius Minerals Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders 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 an increase from Altius Minerals's previous quarterly dividend of $0.09. Altius Minerals's dividend payout ratio is 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.