Altius Minerals (ALS) Price Target Increased to C$17.00 by Analysts at Raymond James

Altius Minerals (TSE:ALS) had its price objective hoisted by Raymond James from C$16.50 to C$17.00 in a research note released on Thursday morning. Raymond James currently has an outperform rating on the stock.

Separately, Canaccord Genuity reduced their price target on shares of Altius Minerals from C$19.00 to C$18.00 in a report on Tuesday, January 15th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Altius Minerals has a consensus rating of Buy and a consensus target price of C$17.20.

TSE:ALS opened at C$13.37 on Thursday. The company has a quick ratio of 3.35, a current ratio of 3.35 and a debt-to-equity ratio of 27.62. The firm has a market capitalization of $573.07 million and a price-to-earnings ratio of 21.22. Altius Minerals has a 12 month low of C$10.04 and a 12 month high of C$14.80.

In related news, Senior Officer Benjamin Gerard Lewis purchased 2,800 shares of Altius Minerals stock in a transaction on Tuesday, February 19th. The stock was acquired at an average cost of C$11.80 per share, for a total transaction of C$33,040.00. Following the completion of the acquisition, the insider now owns 33,292 shares of the company’s stock, valued at approximately C$392,845.60. Insiders acquired 5,250 shares of company stock valued at $59,381 over the last 90 days.

Altius Minerals Company Profile

Altius Minerals Corporation operates as a diversified mining royalty, streaming, and mineral project generation company in Canada and Brazil. The company owns royalties and streams in 15 operating mines of copper, zinc, nickel, cobalt, iron ore, precious metals, potash, and thermal and metallurgical coal; and various pre-development stage royalties in mineral commodities.

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Analyst Recommendations for Altius Minerals (TSE:ALS)

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