Altius Minerals Co. (ALS) To Go Ex-Dividend on November 29th

Altius Minerals Co. (TSE:ALS) declared a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Investors of record on Friday, November 29th will be paid a dividend of 0.09 per share on Monday, December 16th. This represents a $0.36 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Friday, November 29th.

Altius Minerals Stock Performance

Shares of TSE:ALS traded up C$0.09 during mid-day trading on Wednesday, reaching C$26.55. 16,394 shares of the company traded hands, compared to its average volume of 74,210. The company’s 50 day moving average price is C$26.19 and its 200-day moving average price is C$23.61. The firm has a market cap of C$1.23 billion, a PE ratio of 85.58 and a beta of 0.94. Altius Minerals has a 52 week low of C$16.11 and a 52 week high of C$27.43. The company has a debt-to-equity ratio of 17.84, a current ratio of 11.30 and a quick ratio of 6.49.

Analysts Set New Price Targets

ALS has been the subject of a number of recent analyst reports. Scotiabank upped their price target on shares of Altius Minerals from C$24.00 to C$26.00 and gave the stock a “sector perform” rating in a research report on Tuesday, October 8th. National Bankshares increased their price target on Altius Minerals from C$26.00 to C$32.50 and gave the stock an “outperform” rating in a research note on Tuesday, October 15th. Finally, Canaccord Genuity Group boosted their price objective on Altius Minerals from C$25.00 to C$29.00 and gave the company a “buy” rating in a research report on Monday, September 16th.

Altius Minerals Company Profile

Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada, the United States, and Brazil. The company owns royalty and streaming interests in 11 operating mines covering copper, zinc, nickel, cobalt, potash, iron ore, precious metals, and thermal and metallurgical coal.