Altius Minerals (TSE:ALS) Price Target Raised to C$36.00 at National Bankshares

Altius Minerals (TSE:ALS) had its target price lifted by investment analysts at National Bankshares from C$35.00 to C$36.00 in a report released on Wednesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price target would suggest a potential upside of 25.09% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Canaccord Genuity Group upped their price objective on shares of Altius Minerals from C$33.00 to C$35.00 in a research report on Monday, April 21st. TD Securities upped their price objective on shares of Altius Minerals from C$32.00 to C$34.00 and gave the stock a “buy” rating in a research report on Monday, July 28th.

Altius Minerals Trading Down 1.2%

ALS opened at C$28.78 on Wednesday. Altius Minerals has a twelve month low of C$21.81 and a twelve month high of C$30.55. The company has a 50-day simple moving average of C$27.93 and a 200 day simple moving average of C$26.63. The company has a quick ratio of 6.49, a current ratio of 8.36 and a debt-to-equity ratio of 19.48. The stock has a market capitalization of C$1.33 billion, a price-to-earnings ratio of 97.41 and a beta of 0.94.

Insider Activity

In other Altius Minerals news, Senior Officer Mark Raguz bought 1,400 shares of the stock in a transaction on Friday, July 25th. The stock was purchased at an average price of C$28.41 per share, with a total value of C$39,778.20. Also, Senior Officer Benjamin Gerard Lewis sold 3,034 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of C$29.10, for a total value of C$88,289.40. 19.00% of the stock is currently owned by insiders.

About Altius Minerals

Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties.