Altius Minerals (TSE:ALS) Receives “Outperform” Rating from Raymond James

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Raymond James reaffirmed their outperform rating on shares of Altius Minerals (TSE:ALS) in a research report report published on Monday morning, BayStreet.CA reports. Raymond James currently has a C$17.00 price target on the stock.

Other analysts have also issued reports about the stock. Laurentian reissued a buy rating and issued a C$17.50 price target on shares of Altius Minerals in a research report on Wednesday, June 19th. Canaccord Genuity reduced their price target on shares of Altius Minerals from C$18.50 to C$18.00 in a research report on Wednesday, May 22nd.

Shares of ALS opened at C$11.21 on Monday. Altius Minerals has a one year low of C$10.04 and a one year high of C$13.93. The company has a 50-day moving average of C$12.64 and a two-hundred day moving average of C$12.56. The stock has a market cap of $505.28 million and a price-to-earnings ratio of 96.64. The company has a debt-to-equity ratio of 32.42, a current ratio of 1.37 and a quick ratio of 1.28.

About Altius Minerals

Altius Minerals Corporation operates as a diversified mining royalty, streaming, and mineral project generation company in Canada and Brazil. The company owns royalty and streaming interests in 15 operating mines covering copper, zinc, nickel, cobalt, iron ore, precious metals, potash, and thermal and metallurgical coal; and various pre-development stage royalty interests in mineral commodities.

Further Reading: Price-Sales Ratio

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