Shares of Altius Minerals Co. (TSE:ALS – Get Free Report) have earned an average rating of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$22.71.
Several brokerages recently commented on ALS. Canaccord Genuity Group lifted their price target on shares of Altius Minerals from C$24.00 to C$24.50 and gave the stock a “buy” rating in a research note on Monday, April 22nd. Scotiabank lowered their price objective on shares of Altius Minerals from C$20.00 to C$18.50 and set a “sector perform” rating on the stock in a research report on Tuesday, February 6th. National Bankshares lowered their price objective on shares of Altius Minerals from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Monday, January 8th. Finally, TD Securities raised shares of Altius Minerals from a “hold” rating to a “buy” rating and lifted their target price for the company from C$22.00 to C$23.00 in a report on Tuesday, March 12th.
Read Our Latest Research Report on ALS
Altius Minerals Price Performance
Altius Minerals (TSE:ALS – Get Free Report) last announced its quarterly earnings data on Monday, March 11th. The company reported C$0.06 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.07 by C($0.01). Altius Minerals had a net margin of 13.83% and a return on equity of 1.66%. The firm had revenue of C$16.10 million during the quarter, compared to analyst estimates of C$18.85 million. On average, research analysts expect that Altius Minerals will post 0.3739763 EPS for the current fiscal year.
Altius Minerals Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Monday, March 18th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend was Friday, March 15th. Altius Minerals’s payout ratio is 160.00%.
About Altius Minerals
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.
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