Altius Minerals (TSE:ALS – Free Report) had its target price boosted by TD Securities from C$25.00 to C$26.00 in a research report report published on Tuesday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.
A number of other equities analysts have also recently commented on the company. Canaccord Genuity Group boosted their price target on Altius Minerals from C$24.00 to C$24.50 and gave the stock a buy rating in a report on Monday, April 22nd. National Bankshares dropped their target price on shares of Altius Minerals from C$24.00 to C$23.00 and set an outperform rating for the company in a report on Monday, January 8th. Finally, Scotiabank reduced their price target 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 note on Tuesday, February 6th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Altius Minerals has a consensus rating of Moderate Buy and an average target price of C$23.25.
Check Out Our Latest Report on Altius Minerals
Altius Minerals Trading Up 2.2 %
Altius Minerals (TSE:ALS – Get Free Report) last issued its quarterly earnings results 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 return on equity of 1.66% and a net margin of 13.83%. The firm had revenue of C$16.10 million for the quarter, compared to the consensus estimate of C$18.85 million. Analysts predict that Altius Minerals will post 0.3739763 EPS for the current fiscal year.
Altius Minerals Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Monday, March 18th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date was Friday, March 15th. Altius Minerals’s payout ratio is 160.00%.
Altius Minerals Company Profile
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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