Altius Minerals (ATUSF) Projected to Post Quarterly Earnings on Monday

Altius Minerals (OTCMKTS:ATUSF) is expected to be issuing its resultson Monday, August 10th. Analysts expect the company to post earnings of $0.1388 per share and revenue of $19.0780 million for the quarter.

Altius Minerals Stock Down 1.9%

Altius Minerals stock traded down $0.79 during midday trading on Monday, hitting $41.39. 6,313 shares of the stock were exchanged, compared to its average volume of 32,632. Altius Minerals has a 52-week low of $20.52 and a 52-week high of $46.78. The business’s 50-day moving average price is $42.11 and its 200-day moving average price is $37.45.

Wall Street Analyst Weigh In

Several research firms have issued reports on ATUSF. Scotiabank restated a “sector perform” rating on shares of Altius Minerals in a research report on Tuesday, July 7th. BMO Capital Markets reiterated a “market perform” rating on shares of Altius Minerals in a research note on Wednesday, July 22nd. Finally, TD Securities cut Altius Minerals from a “buy” rating to a “hold” rating in a report on Friday, April 10th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Altius Minerals has an average rating of “Hold”.

About Altius Minerals

Altius Minerals Corp. (OTCMKTS:ATUSF) is a Canada-based royalty and streaming company that acquires and manages a diversified portfolio of mineral, marine aggregate and energy royalties. Rather than investing directly in exploration and development, Altius secures long-term royalty and streaming agreements that generate recurring revenue from producing assets. This business model emphasizes capital efficiency and risk mitigation by partnering with operating companies and leveraging existing infrastructure.

The company’s royalty interests span multiple commodities and geographies, including iron ore assets in Labrador and Quebec, potash projects in Saskatchewan, thermal coal and petroleum royalties in North America, and marine aggregate operations along the Atlantic coast of Canada.