Altius Minerals (TSE:ALS – Get Free Report) had its price target boosted by research analysts at TD Securities from C$25.00 to C$26.00 in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ target price would indicate a potential upside of 19.21% from the company’s current price.
A number of other equities analysts have also recently commented on ALS. National Bankshares dropped their price objective on shares of Altius Minerals from C$24.00 to C$23.00 and set an “outperform” rating for the company in a research note on Monday, January 8th. Scotiabank reduced their price objective 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 report on Tuesday, February 6th. Finally, Canaccord Genuity Group increased 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. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Altius Minerals currently has an average rating of “Moderate Buy” and a consensus price target of C$23.14.
Read Our Latest Research Report on Altius Minerals
Altius Minerals Stock Down 1.1 %
Altius Minerals (TSE:ALS – Get Free Report) last released its quarterly earnings data on Monday, March 11th. The company reported C$0.06 EPS for the quarter, missing the consensus estimate of C$0.07 by C($0.01). Altius Minerals had a net margin of 13.83% and a return on equity of 1.66%. The company had revenue of C$16.10 million for the quarter, compared to the consensus estimate of C$18.85 million. Research analysts predict that Altius Minerals will post 0.3739763 EPS for the current fiscal year.
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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