Altius Minerals (TSE:ALS – Get Free Report) had its price target boosted by equities researchers at Canaccord Genuity Group from C$25.00 to C$29.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 11.67% from the stock’s current price.
Separately, Scotiabank upped their price objective on shares of Altius Minerals from C$23.00 to C$24.00 in a research note on Monday, August 19th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$25.97.
View Our Latest Research Report on ALS
Altius Minerals Price Performance
Altius Minerals (TSE:ALS – Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported C$0.09 earnings per share for the quarter, hitting the consensus estimate of C$0.09. The business had revenue of C$19.52 million during the quarter, compared to analyst estimates of C$19.10 million. Altius Minerals had a return on equity of 2.32% and a net margin of 23.34%. Sell-side analysts expect that Altius Minerals will post 0.479506 EPS for the current fiscal year.
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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