Today, an analyst has provided a rating update for Altius Minerals (ALS). The company received a Buy rating from Raymond James’ analyst Brian MacArthur, with a C$17 price target.
According to TipRanks.com, MacArthur is a 3-star analyst with an average return of 0.9% and a 50.0% success rate. MacArthur covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, Osisko Gold Royalties Ltd, and Barrick Gold Corporation.
Currently, the analyst consensus on Altius Minerals is a Strong Buy with an average price target of C$17.
The company has a one-year high of C$14.80 and a one-year low of C$10.04. Currently, Altius Minerals has an average volume of 77.88K.
Altius Minerals Corp. explores and develops mineral properties. It is a diversified minerals royalty company with focus on the generation and acquisition of mineral resource projects, royalties and investments. The royalty interests include mining operations that produce thermal and metallurgical coal, potash, nickel, copper and cobalt.
The company’s shares closed on Thursday at C$13.30.
