National Bank Financial Forecasts Altius Minerals FY2027 Earnings

Altius Minerals Co. (TSE:ALS) – Research analysts at National Bank Financial issued their FY2027 earnings estimates for shares of Altius Minerals in a report released on Thursday, March 13th. National Bank Financial analyst S. Nagle anticipates that the company will post earnings of $0.52 per share for the year. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share.

Other research analysts also recently issued research reports about the company. Scotiabank upgraded Altius Minerals from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$27.00 to C$33.00 in a report on Monday, December 23rd. BMO Capital Markets increased their price objective on Altius Minerals from C$23.00 to C$24.00 in a report on Thursday, January 30th. Finally, TD Securities lowered their price objective on Altius Minerals from C$32.00 to C$31.00 and set a “buy” rating for the company in a research report on Thursday, March 13th.

Altius Minerals Price Performance

ALS stock opened at C$25.35 on Monday. The company has a debt-to-equity ratio of 19.48, a current ratio of 8.36 and a quick ratio of 6.49. Altius Minerals has a 1 year low of C$20.10 and a 1 year high of C$29.03. The firm has a 50-day moving average of C$26.81 and a 200 day moving average of C$26.31. The company has a market cap of C$1.17 billion, a P/E ratio of 85.80 and a beta of 0.94.

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.