Altius Minerals (ALS) Given New C$17.00 Price Target at Raymond James

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Altius Minerals (TSE:ALS) had its target price lifted by Raymond James from C$16.50 to C$17.00 in a research report report published on Thursday morning. The brokerage currently has an outperform rating on the stock.

Separately, Canaccord Genuity decreased their target price on Altius Minerals from C$19.00 to C$18.00 in a research report on Tuesday, January 15th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Altius Minerals presently has an average rating of Buy and an average price target of C$17.20.

Shares of TSE ALS opened at C$13.32 on Thursday. The stock has a market capitalization of $553.78 million and a P/E ratio of 21.14. The company has a quick ratio of 3.35, a current ratio of 3.35 and a debt-to-equity ratio of 27.62. Altius Minerals has a 52-week low of C$10.04 and a 52-week high of C$14.80.

In related news, Senior Officer Benjamin Gerard Lewis acquired 2,800 shares of the firm’s stock in a transaction on Tuesday, February 19th. The stock was bought at an average cost of C$11.80 per share, with a total value of C$33,040.00. Following the transaction, the insider now owns 33,292 shares of the company’s stock, valued at C$392,845.60. Insiders have acquired a total of 5,250 shares of company stock valued at $59,381 over the last ninety days.

About Altius Minerals

Altius Minerals Corporation operates as a diversified mining royalty, streaming, and mineral project generation company in Canada and Brazil. The company owns royalties and streams in 15 operating mines of copper, zinc, nickel, cobalt, iron ore, precious metals, potash, and thermal and metallurgical coal; and various pre-development stage royalties in mineral commodities.

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Analyst Recommendations for Altius Minerals (TSE:ALS)

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