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

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

Altius Minerals Trading Up 0.3 %

Shares of ALS traded up C$0.08 during trading hours on Wednesday, reaching C$26.54. 16,594 shares of the company traded hands, compared to its average volume of 74,224. Altius Minerals has a 12 month low of C$16.11 and a 12 month high of C$27.43. The company has a quick ratio of 6.49, a current ratio of 11.30 and a debt-to-equity ratio of 17.84. The company’s fifty day moving average price is C$26.19 and its two-hundred day moving average price is C$23.61. The company has a market capitalization of C$1.23 billion, a price-to-earnings ratio of 85.58 and a beta of 0.94.

Analysts Set New Price Targets

Several research analysts have recently issued reports on ALS shares. Scotiabank increased their target price on 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. Canaccord Genuity Group boosted their target price on shares of Altius Minerals from C$25.00 to C$29.00 and gave the company a “buy” rating in a report on Monday, September 16th. Finally, National Bankshares increased their price target on shares of 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.

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.