Altius Minerals (OTCMKTS:ATUSF) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Altius Minerals Co. (OTCMKTS:ATUSF) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $28.03 and traded as high as $30.24. Altius Minerals shares last traded at $30.24, with a volume of 15,630 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Raymond James Financial reaffirmed an “outperform” rating on shares of Altius Minerals in a research report on Friday, October 10th. Scotiabank lowered Altius Minerals from an “outperform” rating to a “sector perform” rating in a report on Thursday, November 13th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Altius Minerals Stock Up 3.8%

The business has a 50 day moving average price of $28.03 and a two-hundred day moving average price of $23.88.

Altius Minerals Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were given a dividend of $0.0714 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a dividend yield of 102.0%.

Altius Minerals Company Profile

Altius Minerals Corp. (OTCMKTS:ATUSF) is a Canada-based royalty and streaming company that acquires and manages a diversified portfolio of mineral, marine aggregate and energy royalties. Rather than investing directly in exploration and development, Altius secures long-term royalty and streaming agreements that generate recurring revenue from producing assets. This business model emphasizes capital efficiency and risk mitigation by partnering with operating companies and leveraging existing infrastructure.

The company’s royalty interests span multiple commodities and geographies, including iron ore assets in Labrador and Quebec, potash projects in Saskatchewan, thermal coal and petroleum royalties in North America, and marine aggregate operations along the Atlantic coast of Canada.