Shares of Altius Minerals Co. (TSE:ALS - Get Free Report) reached a new 52-week high on Friday . The stock traded as high as C$27.62 and last traded at C$27.34, with a volume of 21446 shares traded. The stock had previously closed at C$27.05.
Wall Street Analyst Weigh In
ALS has been the subject of a number of research reports. National Bankshares lifted their target price on Altius Minerals from C$26.00 to C$32.50 and gave the stock an "outperform" rating in a report on Tuesday, October 15th. Scotiabank upgraded shares of Altius Minerals from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from C$27.00 to C$33.00 in a research note on Monday, December 23rd. Finally, Canaccord Genuity Group increased their target price on shares of 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.
Get Our Latest Research Report on Altius Minerals
Altius Minerals Stock Performance
The stock has a 50 day moving average of C$26.33 and a 200 day moving average of C$24.61. The company has a quick ratio of 6.49, a current ratio of 11.30 and a debt-to-equity ratio of 17.84. The firm has a market cap of C$1.30 billion, a price-to-earnings ratio of 90.13 and a beta of 0.94.
Altius Minerals Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date was Friday, November 29th. Altius Minerals's dividend payout ratio (DPR) is presently 116.13%.
Altius Minerals Company Profile
(
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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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