Altius Minerals Co. (TSE:ALS) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Altius Minerals Co. (TSE:ALS – Get Free Report) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average [...]

featured-image

Shares of Altius Minerals Co. ( TSE:ALS – Get Free Report ) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company.

The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$25.97. Several brokerages recently weighed in on ALS.



Scotiabank lifted their price target on Altius Minerals from C$23.00 to C$24.00 in a research note on Monday, August 19th.

Canaccord Genuity Group lifted their price objective on Altius Minerals from C$25.00 to C$29.00 and gave the stock a “buy” rating in a report on Monday.

Get Our Latest Research Report on ALS Altius Minerals Stock Performance Altius Minerals ( TSE:ALS – Get Free Report ) last issued its earnings results on Thursday, August 8th. The company reported C$0.09 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.

09. The company had revenue of C$19.52 million during the quarter, compared to analyst estimates of C$19.

10 million. Altius Minerals had a return on equity of 2.32% and a net margin of 23.

34%. As a group, research analysts expect that Altius Minerals will post 0.479506 earnings per share for the current year.

Altius Minerals Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Friday, August 30th were given a $0.09 dividend.

The ex-dividend date was Friday, August 30th. This represents a $0.36 dividend on an annualized basis and a yield of 1.

37%. Altius Minerals’s payout ratio is currently 116.13%.

About Altius Minerals ( Get Free Report 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 11 operating mines covering copper, zinc, nickel, cobalt, potash, iron ore, precious metals, and thermal and metallurgical coal. Read More Five stocks we like better than Altius Minerals How to Invest in Blue Chip Stocks How Much Can You Make in Stocks in One Month? 3 Healthcare Dividend Stocks to Buy This Is the Top Large-Cap Stock Insiders Are Buying What is a Death Cross in Stocks? Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside Receive News & Ratings for Altius Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altius Minerals and related companies with MarketBeat.

com's FREE daily email newsletter ..