Altius Minerals (TSE:ALS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity in a research report issued on Tuesday. They currently have a C$18.50 price target on the stock. Canaccord Genuity’s price objective would indicate a potential upside of 45.44% from the stock’s current price.
Separately, Eight Capital increased their price objective on shares of Altius Minerals from C$17.00 to C$17.50 in a report on Monday, September 17th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of C$17.30.
Shares of TSE:ALS opened at C$12.72 on Tuesday. Altius Minerals has a 1-year low of C$11.50 and a 1-year high of C$15.58.
Altius Minerals Corporation operates as a diversified mining royalty, streaming, and mineral project generation company in Canada and Brazil. The company owns royalties and streams in 15 operating mines of copper, zinc, nickel, cobalt, iron ore, precious metals, potash, and thermal and metallurgical coal; and various pre-development stage royalties in mineral commodities.
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