Q4 EPS Estimates for Altius Minerals Lifted by Raymond James

Altius Minerals Co. (TSE:ALS) – Equities researchers at Raymond James lifted their Q4 2024 EPS estimates for Altius Minerals in a report released on Sunday, November 10th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.09 per share for the quarter, up from their prior estimate of $0.08. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share. Raymond James also issued estimates for Altius Minerals’ Q1 2025 earnings at $0.09 EPS and Q2 2025 earnings at $0.09 EPS.

Other equities analysts have also issued reports about the stock. National Bankshares raised their target price on shares of Altius Minerals from C$26.00 to C$32.50 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Canaccord Genuity Group lifted their target price on Altius Minerals from C$25.00 to C$29.00 and gave the company a “buy” rating in a research report on Monday, September 16th. Finally, Scotiabank increased their price target on Altius Minerals from C$24.00 to C$26.00 and gave the stock a “sector perform” rating in a research report on Tuesday, October 8th.

Altius Minerals Trading Down 3.4 %

Shares of ALS opened at C$24.74 on Tuesday. The firm has a market capitalization of C$1.15 billion, a price-to-earnings ratio of 79.81 and a beta of 0.94. The company has a debt-to-equity ratio of 17.84, a current ratio of 11.30 and a quick ratio of 6.49. Altius Minerals has a 1-year low of C$16.11 and a 1-year high of C$27.43. The company has a 50-day moving average of C$25.95 and a 200 day moving average of C$23.32.

Altius Minerals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be issued a $0.09 dividend. The ex-dividend date is Friday, November 29th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.46%. Altius Minerals’s dividend payout ratio is presently 116.13%.

Altius Minerals Company Profile

Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada, the United States, and Brazil. The company owns royalty and streaming interests in 11 operating mines covering copper, zinc, nickel, cobalt, potash, iron ore, precious metals, and thermal and metallurgical coal.