Is Altius Minerals Corporation a Buy? The Stock Rises Again

 Is Altius Minerals Corporation a Buy? The Stock Rises Again

The stock of Altius Minerals Corporation (TSE:ALS) is a huge mover today! About 59,995 shares traded hands or 56.33% up from the average. Altius Minerals Corporation (TSE:ALS) has declined 1.10% since April 18, 2016 and is downtrending. It has underperformed by 5.66% the S&P500.
The move comes after 6 months positive chart setup for the $473.33 million company. It was reported on Nov, 22 by Barchart.com. We have $12.24 PT which if reached, will make TSE:ALS worth $33.13 million more.

Altius Minerals Corporation (TSE:ALS) Ratings Coverage

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 20.63% above today’s ($11.44) stock price. Altius Minerals has been the topic of 4 analyst reports since July 21, 2015 according to StockzIntelligence Inc.

More important recent Altius Minerals Corporation (TSE:ALS) news were published by: Marketwatch.com which released: “Altius Minerals Corp.” on April 27, 2011, also Marketwired.com published article titled: “Altius Minerals Corporation: New Gold Prospects Discovered at Wilding Lake and …”, Marketwired.com published: “Altius Minerals Corporation (TSX:ALS) Reports Quarterly Attributable Revenue …” on September 12, 2016. More interesting news about Altius Minerals Corporation (TSE:ALS) was released by: Marketwired.com and their article: “Altius Minerals Corporation Reports Annual Net Loss of $22565000” with publication date: July 02, 2014.

Altius Minerals Corporation is a mining royalty and mineral project generation company. The company has a market cap of $473.33 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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