Altius Minerals (OTCMKTS:ATUSF) Given New C$20.00 Price Target at Raymond James

Altius Minerals (OTCMKTS:ATUSF) had its price target cut by Raymond James from C$21.00 to C$20.00 in a report issued on Wednesday, The Fly reports. They currently have an outperform rating on the stock.

A number of other research analysts have also recently commented on the company. Scotiabank boosted their price target on Altius Minerals from C$17.00 to C$18.00 in a report on Monday, July 12th. BMO Capital Markets began coverage on Altius Minerals in a research note on Wednesday, June 16th. They issued a market perform rating on the stock. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of Buy and an average price target of $19.50.

OTCMKTS ATUSF opened at $13.77 on Wednesday. The stock’s 50 day moving average is $12.86 and its 200 day moving average is $13.42. Altius Minerals has a 12 month low of $7.91 and a 12 month high of $16.00.

The company also recently disclosed a dividend, which was paid on Wednesday, September 15th. Shareholders of record on Tuesday, August 31st were paid a $0.2227 dividend. This is an increase from Altius Minerals’s previous dividend of $0.17. The ex-dividend date of this dividend was Monday, August 30th. This represents a yield of 1.83%.

A hedge fund recently bought a new stake in Altius Minerals stock. Steward Partners Investment Advisory LLC bought a new stake in shares of Altius Minerals Co. (OTCMKTS:ATUSF) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,410 shares of the company’s stock, valued at approximately $47,000.

About Altius Minerals

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.

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