Altius Minerals Co. (TSE:ALS – Get Free Report) has been assigned an average rating of “Moderate Buy” from the six brokerages that are presently covering the stock, Marketbeat reports. One investment 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 brokers that have covered the stock in the last year is C$27.03.
A number of research analysts have commented on ALS shares. National Bankshares raised their price target on shares of Altius Minerals from C$26.00 to C$32.50 and gave the stock an “outperform” rating in a research note on Tuesday. Canaccord Genuity Group raised their target price on Altius Minerals from C$25.00 to C$29.00 and gave the stock a “buy” rating in a research report on Monday, September 16th. Finally, Scotiabank upped their price target on Altius Minerals from C$24.00 to C$26.00 and gave the company a “sector perform” rating in a research report on Tuesday, October 8th.
Get Our Latest Stock Report on ALS
Altius Minerals Stock Up 0.0 %
Altius Minerals (TSE:ALS – Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported C$0.09 EPS for the quarter, hitting analysts’ consensus estimates of C$0.09. Altius Minerals had a net margin of 23.34% and a return on equity of 2.32%. The company had revenue of C$19.52 million during the quarter, compared to the consensus estimate of C$19.10 million. Analysts predict that Altius Minerals will post 0.3509869 earnings per share for the current year.
Altius Minerals Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Friday, August 30th were given a dividend of $0.09 per share. The ex-dividend date was Friday, August 30th. This represents a $0.36 dividend on an annualized basis and a yield of 1.36%. Altius Minerals’s dividend payout ratio (DPR) is presently 116.13%.
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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