After Today’s Huge Increase, Is Altius Minerals Corporation’s Near-Term Analysis Positive?


The stock of Altius Minerals Corporation (TSE:ALS) is a huge mover today! About 33,325 shares traded hands. Altius Minerals Corporation (TSE:ALS) has risen 5.71% since February 5, 2016 and is uptrending. It has underperformed by 10.77% the S&P500.
The move comes after 7 months positive chart setup for the $402.31 million company. It was reported on Sep, 13 by We have $19.28 PT which if reached, will make TSE:ALS worth $402.31 million more.

Out of 2 analysts covering Altius Minerals (TSE:ALS), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. $15 is the highest target while $12.60 is the lowest. The $13.80 average target is 43.15% above today’s ($9.64) stock price. Altius Minerals has been the topic of 2 analyst reports since November 24, 2015 according to StockzIntelligence Inc.

Altius Minerals Corporation is a mining royalty and mineral project generation company. The company has a market cap of $402.31 million. The Firm is engaged in the generation and acquisition of mineral resource projects, royalties and investments. It currently has negative earnings. The royalty interests cover mining activities producing copper, zinc, nickel, cobalt, precious metals, potash, and thermal and metallurgical coal.

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