Altius Minerals (OTCMKTS:ATUSF) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Shares of Altius Minerals Co. (OTCMKTS:ATUSF) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $28.03 and traded as high as $30.24. Altius Minerals shares last traded at $30.24, with a volume of 15,630 shares.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Raymond James Financial reiterated an “outperform” rating on shares of Altius Minerals in a research note on Friday, October 10th. Scotiabank cut Altius Minerals from an “outperform” rating to a “sector perform” rating in a research report on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Altius Minerals Stock Up 3.8%

The business’s 50 day moving average is $28.03 and its two-hundred day moving average is $23.88.

Altius Minerals Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a dividend of $0.0714 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a yield of 102.0%.

Altius Minerals Company Profile

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.