FY2026 EPS Forecast for Altius Minerals Increased by Analyst

Key Points

• Analysts at National Bank Financial have increased their FY2026 EPS forecast for Altius Minerals to $0.39, up from an earlier estimate of $0.29, while the current consensus estimate stands at $0.35.
• Altius Minerals has announced a dividend increase, with shareholders set to receive $0.10 per share, up from the previous $0.09, reflecting a dividend yield of 1.4%.
• In recent insider activity, Senior Officer Mark Raguz purchased 1,400 shares of Altius Minerals at an average price of C$28.41 per share.

Altius Minerals Co. (TSE:ALS - Free Report) - Research analysts at National Bank Financial upped their FY2026 earnings per share (EPS) estimates for Altius Minerals in a research note issued to investors on Tuesday, August 12th. National Bank Financial analyst S. Nagle now expects that the company will earn $0.39 per share for the year, up from their prior forecast of $0.29. The consensus estimate for Altius Minerals' current full-year earnings is $0.35 per share.

A number of other research firms have also weighed in on ALS. National Bankshares upped their price objective on 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 upped their price objective on Altius Minerals from C$32.00 to C$34.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Altius Minerals currently has an average rating of "Buy" and an average target price of C$31.83.

Altius Minerals Price Performance

Shares of TSE ALS traded down C$0.17 during mid-day trading on Friday, reaching C$28.78. The company's stock had a trading volume of 52,704 shares, compared to its average volume of 88,246. The firm has a market capitalization of C$1.33 billion, a PE ratio of 97.41 and a beta of 0.94. 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 stock has a fifty day moving average of C$28.09 and a two-hundred day moving average of C$26.68. Altius Minerals has a 52 week low of C$22.27 and a 52 week high of C$30.55.

Insider Buying and Selling

In other Altius Minerals 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 stock was 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 firm's stock in a transaction on Friday, July 25th. The shares were bought at an average price of C$28.41 per share, for a total transaction of C$39,778.20. Corporate insiders own 19.00% of the company's stock.

Altius Minerals Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be given a dividend of $0.10 per share. This is an increase from Altius Minerals's previous quarterly dividend of $0.09. This represents a $0.40 dividend on an annualized basis and a yield of 1.4%. Altius Minerals's dividend payout ratio is 121.85%.

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.