Altius Minerals (OTCMKTS:ATUSF) Price Target Increased to C$23.00 by Analysts at BMO Capital Markets

Altius Minerals (OTCMKTS:ATUSF – Get Rating) had its price objective upped by equities researchers at BMO Capital Markets from C$22.00 to C$23.00 in a research report issued on Wednesday, The Fly reports.

A number of other research analysts have also recently commented on ATUSF. Canaccord Genuity Group boosted their price target on Altius Minerals from C$21.00 to C$27.00 and gave the stock a “buy” rating in a report on Monday, March 14th. TD Securities lifted their price target on shares of Altius Minerals from C$22.00 to C$29.00 in a report on Monday, March 14th. Scotiabank increased their price objective on shares of Altius Minerals from C$25.00 to C$26.00 in a report on Wednesday, April 13th. Finally, Raymond James boosted their target price on Altius Minerals from C$21.00 to C$24.00 in a research report on Friday, March 11th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $25.00.

OTCMKTS:ATUSF traded down $0.40 on Wednesday, reaching $19.87. 38,747 shares of the company’s stock traded hands, compared to its average volume of 44,009. The stock has a 50-day simple moving average of $18.33 and a 200-day simple moving average of $14.96. Altius Minerals has a 12 month low of $11.56 and a 12 month high of $20.36.

An institutional investor recently bought a new position in Altius Minerals stock. O Brien Greene & Co. Inc bought a new stake in shares of Altius Minerals Co. (OTCMKTS:ATUSF – Get Rating) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 30,000 shares of the company’s stock, valued at approximately $413,000.

About Altius Minerals (Get Rating)

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 12 operating mines covering copper, zinc, nickel, cobalt, iron ore, precious metals, potash, and thermal and metallurgical coal.

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