Altius Minerals Co. (TSE:ALS - Free Report) - National Bank Financial dropped their FY2024 earnings estimates for Altius Minerals in a report released on Tuesday, February 4th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $0.23 for the year, down from their prior estimate of $0.27. The consensus estimate for Altius Minerals' current full-year earnings is $0.35 per share. National Bank Financial also issued estimates for Altius Minerals' Q4 2024 earnings at $0.02 EPS and FY2025 earnings at $0.16 EPS.
Altius Minerals (TSE:ALS - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported C$0.05 earnings per share for the quarter, missing analysts' consensus estimates of C$0.07 by C($0.02). Altius Minerals had a net margin of 23.34% and a return on equity of 2.32%.
Other analysts also recently issued reports about the stock. National Bankshares upped their price objective 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 raised shares of Altius Minerals from a "sector perform" rating to an "outperform" rating and upped their price target for the company from C$27.00 to C$33.00 in a report on Monday, December 23rd. Finally, BMO Capital Markets lifted their price objective on Altius Minerals from C$23.00 to C$24.00 in a research note on Thursday, January 30th.
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Altius Minerals Stock Performance
TSE:ALS traded down C$0.09 during midday trading on Thursday, hitting C$27.46. The company's stock had a trading volume of 38,714 shares, compared to its average volume of 80,053. Altius Minerals has a fifty-two week low of C$16.11 and a fifty-two week high of C$29.03. 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 firm has a market cap of C$1.28 billion, a P/E ratio of 88.58 and a beta of 0.94. The firm's 50 day moving average is C$27.05 and its 200-day moving average is C$25.59.
About Altius Minerals
(
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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.
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