Altius Minerals Co. (TSE:ALS) insider Chad Wells purchased 1,850 shares of the company’s stock in a transaction on Friday, December 21st. The stock was bought at an average price of C$10.66 per share, for a total transaction of C$19,721.00. Following the completion of the purchase, the insider now directly owns 69,236 shares of the company’s stock, valued at C$738,055.76.
Shares of TSE:ALS traded up C$0.05 during midday trading on Friday, hitting C$12.09. 135,500 shares of the stock were exchanged, compared to its average volume of 63,250. The company has a market capitalization of $518.08 million and a PE ratio of 19.19. The company has a quick ratio of 3.35, a current ratio of 3.35 and a debt-to-equity ratio of 27.62. Altius Minerals Co. has a twelve month low of C$10.04 and a twelve month high of C$14.80.
Altius Minerals (TSE:ALS) last released its quarterly earnings results on Wednesday, November 7th. The company reported C$0.14 earnings per share (EPS) for the quarter. The firm had revenue of C$13.68 million for the quarter. As a group, equities analysts anticipate that Altius Minerals Co. will post 0.5 earnings per share for the current year.
ALS has been the topic of a number of research reports. Raymond James lowered their target price on shares of Altius Minerals from C$17.00 to C$16.50 in a research report on Friday, January 18th. Canaccord Genuity lowered their price objective on shares of Altius Minerals from C$19.00 to C$18.00 in a research report on Tuesday, January 15th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of C$17.10.
Altius Minerals Company Profile
Altius Minerals Corporation operates as a diversified mining royalty, streaming, and mineral project generation company in Canada and Brazil. The company owns royalties and streams in 15 operating mines of copper, zinc, nickel, cobalt, iron ore, precious metals, potash, and thermal and metallurgical coal; and various pre-development stage royalties in mineral commodities.
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