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Altius Minerals (TSE:ALS) Reaches New 1-Year High - Time to Buy?

Altius Minerals logo with Basic Materials background

Altius Minerals Co. (TSE:ALS - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as C$29.69 and last traded at C$28.91, with a volume of 173687 shares changing hands. The stock had previously closed at C$28.29.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Canaccord Genuity Group upped their price target on shares of Altius Minerals from C$33.00 to C$35.00 in a report on Monday, April 21st. TD Securities upped their price target on shares of Altius Minerals from C$28.00 to C$31.00 in a report on Wednesday, April 23rd.

View Our Latest Stock Analysis on ALS

Altius Minerals Stock Performance

The firm's 50 day moving average price is C$27.18 and its 200-day moving average price is C$26.47. 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 firm has a market capitalization of C$1.35 billion, a PE ratio of 98.80 and a beta of 0.94.

About Altius Minerals

(Get Free Report)

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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