Altius Minerals Co. (ALS) PT Raised to C$14.00

Altius Minerals Co. (TSE:ALS) had its price objective upped by equities researchers at Scotiabank from C$13.50 to C$14.00 in a note issued to investors on Friday. The firm presently has a “sector perform” rating on the stock. Scotiabank’s target price would suggest a potential upside of 8.95% from the stock’s previous close.

Separately, TD Securities reiterated a “buy” rating and issued a C$16.50 price target on shares of Altius Minerals in a research report on Friday.

Shares of Altius Minerals (TSE:ALS) opened at 12.85 on Friday. The firm’s market capitalization is $556.85 million. The company has a 50 day moving average of $12.16 and a 200 day moving average of $11.58. Altius Minerals has a 52-week low of $9.01 and a 52-week high of $14.06.

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Altius Minerals Company Profile

Altius Minerals Corporation is a mining royalty and mineral project generation company. The Company is engaged in the generation and acquisition of mineral resource projects, royalties and investments. The royalty interests cover mining operations producing copper, zinc, nickel, cobalt, precious metals, potash, and thermal (electrical) and metallurgical coal.

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