Scotiabank Cuts Earnings Estimates for Altius Minerals

Altius Minerals Co. (TSE:ALS) – Research analysts at Scotiabank reduced their FY2026 earnings per share (EPS) estimates for Altius Minerals in a report released on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now forecasts that the company will earn $0.32 per share for the year, down from their previous estimate of $0.42. Scotiabank has a “Outperform” rating and a $33.00 price target on the stock. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share.

Other equities analysts also recently issued reports about the stock. TD Securities lowered their target price on shares of Altius Minerals from C$32.00 to C$31.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. BMO Capital Markets lifted their price target on Altius Minerals from C$23.00 to C$24.00 in a report on Thursday, January 30th.

Altius Minerals Stock Up 0.7 %

TSE:ALS opened at C$26.05 on Monday. The firm has a market capitalization of C$1.20 billion, a price-to-earnings ratio of 88.17 and a beta of 0.94. The company has a quick ratio of 6.49, a current ratio of 8.36 and a debt-to-equity ratio of 19.48. Altius Minerals has a twelve month low of C$20.14 and a twelve month high of C$29.03. The stock’s 50 day moving average price is C$26.60 and its two-hundred day moving average price is C$26.39.

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.