Altius Minerals (OTCMKTS:ATUSF) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Altius Minerals Co. (OTCMKTS:ATUSF) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $30.87 and traded as high as $33.00. Altius Minerals shares last traded at $33.00, with a volume of 21,123 shares traded.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ATUSF. Raymond James Financial reissued an “outperform” rating on shares of Altius Minerals in a research note on Wednesday, January 14th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Altius Minerals in a report on Wednesday, January 28th. Finally, Scotiabank lowered Altius Minerals from an “outperform” rating to a “sector perform” rating in a research note on Thursday, November 13th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Altius Minerals Price Performance

The business has a fifty day moving average of $30.87 and a 200 day moving average of $26.46.

Altius Minerals Cuts Dividend

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

About Altius Minerals

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.