TD Securities Lowers Altius Minerals (TSE:ALS) Price Target to C$31.00

Altius Minerals (TSE:ALS) had its price objective cut by research analysts at TD Securities from C$32.00 to C$31.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ target price suggests a potential upside of 23.41% from the company’s current price.

Other research analysts have also issued reports about the company. Scotiabank upgraded Altius Minerals from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$27.00 to C$33.00 in a research report on Monday, December 23rd. BMO Capital Markets raised their price target on Altius Minerals from C$23.00 to C$24.00 in a research report on Thursday, January 30th.

Altius Minerals Trading Up 0.2 %

Shares of Altius Minerals stock opened at C$25.12 on Thursday. The firm has a market capitalization of C$1.16 billion, a price-to-earnings ratio of 85.02 and a beta of 0.94. Altius Minerals has a fifty-two week low of C$20.02 and a fifty-two week high of C$29.03. The company has a debt-to-equity ratio of 19.48, a quick ratio of 6.49 and a current ratio of 8.36. The stock has a 50 day moving average of C$26.85 and a 200 day moving average of C$26.26.

About Altius Minerals

Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties.