Altius Minerals (ATUSF) Set to Announce Earnings on Tuesday

Altius Minerals (OTCMKTS:ATUSF) is expected to be posting its results after the market closes on Tuesday, November 10th. Analysts expect Altius Minerals to post earnings of $0.1679 per share and revenue of $22.09 million for the quarter.

Altius Minerals Stock Performance

OTCMKTS:ATUSF traded down $0.25 on Tuesday, hitting $35.38. 1,941 shares of the stock were exchanged, compared to its average volume of 32,843. Altius Minerals has a 52 week low of $26.45 and a 52 week high of $49.30. The company’s 50-day moving average price is $44.38 and its 200 day moving average price is $39.73.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. BMO Capital Markets reiterated a “market perform” rating on shares of Altius Minerals in a research report on Wednesday, July 22nd. Scotiabank restated a “sector perform” rating on shares of Altius Minerals in a report on Tuesday, July 7th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Altius Minerals Company Profile

Altius Minerals Corporation is a Canadian mining royalty company headquartered in St. John’s, Newfoundland and Labrador. Rather than operating mines directly, the company generates revenue from royalties and other mineral interests tied to the production of metals and minerals by mining companies.

Its diversified portfolio provides exposure to commodities including copper, nickel, cobalt, zinc, iron ore, potash and other minerals. Altius has interests in a range of mining projects, primarily in Canada and the United States, and seeks to acquire or create additional royalties through partnerships, investments and project financing.

Founded in 1997, Altius has developed a business focused on long-life mineral assets and commodity diversification.