What is Cormark’s Forecast for Altius Minerals Q1 Earnings?

Altius Minerals Co. (TSE:ALS) – Research analysts at Cormark cut their Q1 2025 earnings per share (EPS) estimates for shares of Altius Minerals in a research report issued to clients and investors on Friday, March 14th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.05 per share for the quarter, down from their prior estimate of $0.06. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share. Cormark also issued estimates for Altius Minerals’ Q3 2025 earnings at $0.09 EPS and FY2025 earnings at $0.29 EPS.

A number of other research analysts have also weighed in on the company. Scotiabank raised Altius Minerals from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from C$27.00 to C$33.00 in a report on Monday, December 23rd. BMO Capital Markets boosted their target price on Altius Minerals from C$23.00 to C$24.00 in a report on Thursday, January 30th. Finally, TD Securities decreased their target price on Altius Minerals from C$32.00 to C$31.00 and set a “buy” rating on the stock in a report on Thursday.

Altius Minerals Stock Up 0.2 %

ALS stock opened at C$25.12 on Monday. The company has a current ratio of 8.36, a quick ratio of 6.49 and a debt-to-equity ratio of 19.48. The firm has a market capitalization of C$1.16 billion, a PE ratio of 85.02 and a beta of 0.94. Altius Minerals has a 1-year low of C$20.02 and a 1-year high of C$29.03. The business’s 50 day simple moving average is C$26.85 and its 200 day simple moving average is C$26.30.

Altius Minerals Company Profile

Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties.