FY2025 EPS Estimates for Altius Minerals Cut by Analyst

Altius Minerals Co. (TSE:ALS) – Research analysts at Cormark cut their FY2025 earnings estimates for shares of Altius Minerals in a note issued to investors on Monday, November 11th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.33 per share for the year, down from their previous estimate of $0.48. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share.

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

Altius Minerals Stock Up 2.1 %

Altius Minerals stock opened at C$25.26 on Thursday. The stock has a market cap of C$1.17 billion, a PE ratio of 81.48 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. The stock’s fifty day moving average is C$25.97 and its two-hundred day moving average is C$23.33. Altius Minerals has a 1-year low of C$16.11 and a 1-year high of C$27.43.

Altius Minerals Announces Dividend

The firm also recently announced 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 of this dividend is Friday, November 29th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.43%. Altius Minerals’s payout ratio is 116.13%.

About Altius Minerals

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.