Altius Minerals (OTCMKTS:ATUSF – Get Free Report) is expected to be posting its resultson Tuesday, May 12th. Analysts expect Altius Minerals to post earnings of $0.1078 per share and revenue of $14.5940 million for the quarter.
Altius Minerals Stock Performance
Shares of ATUSF traded down $0.02 on Tuesday, reaching $37.62. The stock had a trading volume of 2,853 shares, compared to its average volume of 28,566. Altius Minerals has a twelve month low of $18.47 and a twelve month high of $38.66. The firm has a 50-day moving average of $35.02 and a 200 day moving average of $31.54.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on ATUSF shares. Raymond James Financial reaffirmed an “outperform” rating on shares of Altius Minerals in a research report on Wednesday, January 14th. BMO Capital Markets reissued a “market perform” rating on shares of Altius Minerals in a research report on Wednesday, January 28th. Finally, TD Securities downgraded 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 assigned a Hold rating to the company. According to MarketBeat.com, the stock presently 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.
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