Altius Minerals (ALS) Stock Price, News & Analysis

Company Overview

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. It is involved in the acquisition and management of renewable energy investments and royalties, as well as early-stage royalties and minority equity or project interests. Altius Minerals Corporation was incorporated in 1997 and is headquartered in St. John's, Canada.

Key Stats

• Today's Range: C$25.26 to C$25.70
• 50-Day Range: C$23.87 to C$27.24
• 52-Week Range: C$16.11 to C$27.43
• Volume: 79,600 shs
• Average Volume: 74,343 shs
• Market Capitalization: C$1.19 billion
• P/E Ratio: 82.39
• Dividend Yield: 1.41%
• Price Target: C$28.21
• Consensus Rating: Moderate Buy

Altius Minerals Stock Analysis - MarketRank™

Altius Minerals scored higher than 26% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Altius Minerals has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Altius Minerals has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Altius Minerals is 82.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.97.

Price to Earnings Ratio vs. Sector

The P/E ratio of Altius Minerals is 82.39, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 101.65.

Price to Book Value per Share Ratio

Altius Minerals has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ALS.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Altius Minerals pays a meaningful dividend of 1.43%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Altius Minerals does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Altius Minerals is 116.13%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ALS.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: -0.10

News Sentiment

Altius Minerals has a news sentiment score of -0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for Altius Minerals this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Altius Minerals insiders have not sold or bought any company stock.

Percentage Held by Insiders

19.00% of the stock of Altius Minerals is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 24.49% of the stock of Altius Minerals is held by institutions.

ALS Stock Analysis - Frequently Asked Questions

How have ALS shares performed this year?

Altius Minerals' stock was trading at C$18.44 at the beginning of the year. Since then, ALS stock has increased by 38.5% and is now trading at C$25.54.
View the best growth stocks for 2024 here.

How do I buy shares of Altius Minerals?

Shares of ALS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Altius Minerals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Altius Minerals investors own include NVIDIA (NVDA), Wheaton Precious Metals (WPM), Enterprise Products Partners (EPD), Arista Networks (ANET), MercadoLibre (MELI), PayPal (PYPL) and AbbVie (ABBV).

Company Calendar

• Ex-Dividend for 9/16 Dividend: 8/30/2024
• Dividend Payable: 9/16/2024
• Today: 11/16/2024
• Ex-Dividend for 12/16 Dividend: 11/29/2024
• Dividend Payable: 12/16/2024
• Next Earnings (Estimated): 3/10/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Insurance
• Current Symbol: TSE:ALS
• CUSIP: N/A
• CIK: N/A
• Web: altiusminerals.com
• Phone: +1-709-5763440
• Fax: N/A
• Employees: 19
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$28.21
• High Stock Price Target: C$32.50
• Low Stock Price Target: C$23.75
• Potential Upside/Downside: +10.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.31
• Trailing P/E Ratio: 82.39
• Forward P/E Ratio: 72.77
• P/E Growth: N/A
• Net Income: C$14.56 million
• Net Margins: 23.34%
• Pretax Margin: N/A
• Return on Equity: 2.32%
• Return on Assets: 2.60%

Debt

• Debt-to-Equity Ratio: 17.84
• Current Ratio: 11.30
• Quick Ratio: 6.49

Sales & Book Value

• Annual Sales: C$62.38 million
• Price / Sales: 19.03
• Cash Flow: C$2.36 per share
• Price / Cash Flow: 10.80
• Book Value: C$10.54 per share
• Price / Book: 2.42

Miscellaneous

• Outstanding Shares: 46,480,000
• Free Float: N/A
• Market Cap: C$1.19 billion
• Optionable: Not Optionable
• Beta: 0.94