Key Points
- Insider purchase: Flora Emily Mackay Wood bought 1,000 Altius Minerals (TSE:ALS) shares on Jan. 30 at an average price of C$43.15, raising her stake by 8.08% to 13,370 shares valued at C$576,915.50.
- Altius shares trade around C$43.10 with a market cap of C$1.99 billion, a P/E of 5.63, 50‑ and 200‑day SMAs at C$42.02 and C$35.88, and a 52‑week range of C$22.27–C$48.54.
- Analyst sentiment is mixed (two Buys, two Holds), with a MarketBeat consensus of “Moderate Buy” and a consensus target price of C$35.42 after recent target adjustments by several firms.
Altius Minerals Co. (TSE:ALS - Get Free Report) insider Flora Emily Mackay Wood acquired 1,000 shares of the company's stock in a transaction that occurred on Friday, January 30th. The shares were acquired at an average cost of C$43.15 per share, with a total value of C$43,150.00. Following the purchase, the insider directly owned 13,370 shares of the company's stock, valued at C$576,915.50. This trade represents a 8.08% increase in their position.
Altius Minerals Price Performance
Altius Minerals stock opened at C$43.10 on Friday. The stock has a market cap of C$1.99 billion, a price-to-earnings ratio of 5.63 and a beta of 0.20. The company has a quick ratio of 6.49, a current ratio of 8.36 and a debt-to-equity ratio of 19.48. The business has a 50-day simple moving average of C$42.02 and a 200 day simple moving average of C$35.88. Altius Minerals Co. has a 52 week low of C$22.27 and a 52 week high of C$48.54.
Analysts Set New Price Targets
ALS has been the topic of a number of recent analyst reports. BMO Capital Markets raised their target price on shares of Altius Minerals from C$34.00 to C$35.00 in a research note on Wednesday, November 12th. Raymond James Financial cut shares of Altius Minerals from an "outperform" rating to a "market perform" rating and boosted their price target for the stock from C$9.00 to C$9.50 in a research note on Tuesday, December 30th. Scotiabank cut shares of Altius Minerals from a "strong-buy" rating to a "hold" rating in a research report on Thursday, November 13th. National Bankshares lifted their price objective on shares of Altius Minerals from C$45.50 to C$52.00 in a report on Thursday. Finally, Canaccord Genuity Group upped their target price on shares of Altius Minerals from C$38.00 to C$40.00 in a research report on Friday, October 17th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of C$35.42.
Check Out Our Latest Report on ALS
Altius Minerals Company Profile
(
Get Free Report)
Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with global growth trends including increasing electricity-based market share within energy usage, global infrastructure build and refurbishment growth, increased EAF based steelmaking, steadily increasing agricultural fertilizer requirements and the enhanced appetite for financial asset diversification through precious metals ownership.
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