Altius Minerals Co. (ALS) Rating Reiterated by Scotiabank
Altius Minerals Co. (TSE:ALS)‘s stock had its “sector perform” rating restated by investment analysts at Scotiabank in a research note issued on Tuesday. They presently have a C$14.50 price target on the stock. Scotiabank’s price target would suggest a potential upside of 22.57% from the stock’s previous close.
Separately, TD Securities reiterated a “buy” rating and set a C$16.50 price target on shares of Altius Minerals in a research report on Wednesday, August 23rd.
Shares of Altius Minerals (ALS) traded down C$0.14 during mid-day trading on Tuesday, reaching C$11.83. The company’s stock had a trading volume of 55,416 shares, compared to its average volume of 47,012. Altius Minerals has a 52 week low of C$10.05 and a 52 week high of C$14.06.
In other news, Director Roger Lace bought 10,000 shares of Altius Minerals stock in a transaction on Wednesday, September 27th. The stock was acquired at an average price of C$11.75 per share, with a total value of C$117,500.00. Also, insider Minerals Corporation Altius bought 21,000 shares of Altius Minerals stock in a transaction on Thursday, August 31st. The shares were purchased at an average cost of C$10.97 per share, with a total value of C$230,370.00. Insiders have acquired 41,000 shares of company stock valued at $463,670 in the last three months.
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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