Altius Minerals Co. (TSE:ALS) Senior Officer Sells C$88,289.40 in Stock

Key Points

• Senior Officer Benjamin Gerard Lewis of Altius Minerals sold 3,034 shares for a total of C$88,289.40 at an average price of C$29.10 on August 1st.
• Altius Minerals' stock recently traded up to C$29.38, with a market capitalization of C$1.36 billion and a price-to-earnings ratio of 99.44.
• Analysts have upgraded their target prices for Altius Minerals, with Canaccord Genuity raising it from C$33.00 to C$35.00 and TD Securities increasing their price objective from C$32.00 to C$34.00.

Altius Minerals Co. (TSE:ALS - Get Free Report) Senior Officer Benjamin Gerard Lewis sold 3,034 shares of the company'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.

Altius Minerals Stock Performance

Shares of Altius Minerals stock traded up C$0.29 on Monday, reaching C$29.38. 170,758 shares of the company were exchanged, compared to its average volume of 88,541. The company has a debt-to-equity ratio of 19.48, a quick ratio of 6.49 and a current ratio of 8.36. The company's 50-day moving average is C$27.47 and its two-hundred day moving average is C$26.54. The firm has a market cap of C$1.36 billion, a price-to-earnings ratio of 99.44 and a beta of 0.94. Altius Minerals Co. has a 1-year low of C$21.12 and a 1-year high of C$29.76.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Canaccord Genuity Group upped their target price on 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 Altius Minerals from C$32.00 to C$34.00 and gave the company a "buy" rating in a research note on Monday, July 28th.

Altius Minerals Company Profile

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.

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