Altius Minerals (TSE:ALS – Get Rating) had its price target reduced by equities researchers at Scotiabank from C$26.00 to C$25.00 in a note issued to investors on Thursday, BayStreet.CA reports. Scotiabank’s target price points to a potential upside of 32.98% from the stock’s current price.
ALS has been the subject of a number of other research reports. Cormark increased their price objective on Altius Minerals from C$27.00 to C$30.00 and gave the company an “outperform” rating in a research report on Monday, March 7th. TD Securities increased their price objective on Altius Minerals from C$22.00 to C$29.00 and gave the company a “buy” rating in a research report on Monday, March 14th. Canaccord Genuity Group boosted their target price on shares of Altius Minerals from C$27.00 to C$28.00 in a research note on Tuesday, April 19th. BMO Capital Markets boosted their target price on shares of Altius Minerals from C$22.00 to C$23.00 in a research note on Wednesday, April 20th. Finally, Raymond James boosted their target price on shares of 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. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of C$24.00.
ALS opened at C$18.80 on Thursday. The company has a market capitalization of C$899.69 million and a price-to-earnings ratio of 20.00. The company has a debt-to-equity ratio of 21.94, a current ratio of 5.85 and a quick ratio of 5.85. Altius Minerals has a 1-year low of C$14.92 and a 1-year high of C$25.71. The business has a 50 day moving average price of C$22.93 and a two-hundred day moving average price of C$19.52.
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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