FY2025 EPS Estimates for Altius Minerals Cut by Cormark

Altius Minerals Co. (TSE:ALS) – Investment analysts at Cormark dropped their FY2025 earnings per share (EPS) estimates for shares of Altius Minerals in a research report issued to clients and investors on Monday, November 11th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.33 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.

A number of other equities research analysts also recently weighed in on the stock. Scotiabank raised 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 note on Tuesday, October 8th. Canaccord Genuity Group upped their price target on shares of Altius Minerals from C$25.00 to C$29.00 and gave the stock a “buy” rating in a report on Monday, September 16th. Finally, National Bankshares raised their price objective on Altius Minerals from C$26.00 to C$32.50 and gave the company an “outperform” rating in a report on Tuesday, October 15th.

Altius Minerals Price Performance

Shares of ALS stock opened at C$24.74 on Thursday. The company has a quick ratio of 6.49, a current ratio of 11.30 and a debt-to-equity ratio of 17.84. The company has a market cap of C$1.15 billion, a P/E ratio of 79.81 and a beta of 0.94. Altius Minerals has a twelve month low of C$16.11 and a twelve month high of C$27.43. The business has a fifty day simple moving average of C$25.97 and a 200 day simple moving average of C$23.33.

Altius Minerals Announces Dividend

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