Shares of Altius Minerals Co. (TSE:ALS - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$23.98 and traded as high as C$26.01. Altius Minerals shares last traded at C$25.38, with a volume of 92,075 shares traded.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on ALS shares. Canaccord Genuity Group lifted their target price on Altius Minerals from C$25.00 to C$29.00 and gave the company a "buy" rating in a research note on Monday, September 16th. National Bankshares lifted their price objective on Altius Minerals from C$26.00 to C$32.50 and gave the stock an "outperform" rating in a research report on Tuesday, October 15th. Finally, Scotiabank boosted their price objective on Altius Minerals from C$24.00 to C$26.00 and gave the stock a "sector perform" rating in a report on Tuesday, October 8th.
View Our Latest Stock Analysis on Altius Minerals
Altius Minerals Trading Down 0.9 %
The company's fifty day simple moving average is C$26.22 and its two-hundred day simple moving average is C$23.99. The company has a market capitalization of C$1.18 billion, a price-to-earnings ratio of 81.87 and a beta of 0.94. The company has a quick ratio of 6.49, a current ratio of 11.30 and a debt-to-equity ratio of 17.84.
Altius Minerals Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend is Friday, November 29th. Altius Minerals's payout ratio is presently 116.13%.
About Altius Minerals
(
Get Free Report)
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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