Altius Minerals Co. (TSE:ALS - Free Report) - Equities researchers at Cormark lowered their FY2025 earnings estimates for shares of Altius Minerals in a report issued 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 forecast of $0.48. The consensus estimate for Altius Minerals' current full-year earnings is $0.35 per share.
ALS has been the topic of several other research reports. Scotiabank boosted their price target on shares of Altius Minerals from C$24.00 to C$26.00 and gave the stock a "sector perform" rating in a research note on Tuesday, October 8th. Canaccord Genuity Group boosted their target price 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 boosted 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 report on Tuesday, October 15th.
Check Out Our Latest Stock Analysis on Altius Minerals
Altius Minerals Price Performance
ALS stock traded up C$0.52 during mid-day trading on Thursday, hitting C$25.26. The company had a trading volume of 266,379 shares, compared to its average volume of 74,319. The company has a market capitalization of C$1.17 billion, a price-to-earnings ratio of 81.48 and a beta of 0.94. Altius Minerals has a 12-month low of C$16.11 and a 12-month high of C$27.43. 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 50-day moving average price of C$25.97 and a 200 day moving average price of C$23.33.
Altius Minerals Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be issued a dividend of $0.09 per share. The ex-dividend date is Friday, November 29th. This represents a $0.36 annualized dividend and a yield of 1.43%. Altius Minerals's payout ratio is 116.13%.
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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