Shares of Altius Minerals Co. (TSE:ALS – Get Rating) have been assigned an average recommendation of “Buy” from the nine research firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$24.44.
A number of brokerages recently weighed in on ALS. BMO Capital Markets lifted their price target on Altius Minerals from C$22.00 to C$23.00 in a research note on Wednesday, April 20th. Scotiabank lifted their price target on Altius Minerals from C$25.00 to C$26.00 in a research note on Wednesday, April 13th. Canaccord Genuity Group lifted their price target on Altius Minerals from C$27.00 to C$28.00 in a research note on Tuesday, April 19th. Raymond James lifted their target price on Altius Minerals from C$24.00 to C$26.00 and gave the company an “outperform” rating in a research note on Wednesday, April 20th. Finally, TD Securities lifted their target price on Altius Minerals from C$22.00 to C$29.00 and gave the company a “buy” rating in a research note on Monday, March 14th.
Shares of ALS opened at C$20.85 on Wednesday. The business’s 50-day moving average price is C$23.33 and its 200 day moving average price is C$19.12. The stock has a market capitalization of C$997.80 million and a P/E ratio of 22.18. Altius Minerals has a 1-year low of C$14.92 and a 1-year high of C$25.71. The company has a current ratio of 5.85, a quick ratio of 5.85 and a debt-to-equity ratio of 21.94.
Altius Minerals Company Profile (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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