Altius Minerals Co. (TSE:ALS) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$15.58 and last traded at C$15.30, with a volume of 57108 shares. The stock had previously closed at C$15.16.

Several equities research analysts recently issued reports on the stock. Raymond James Financial raised their target price on shares of Altius Minerals from C$13.00 to C$14.50 and gave the stock an “outperform” rating in a research report on Wednesday, November 22nd. Scotiabank lifted their price target on shares of Altius Minerals from C$14.50 to C$15.00 and gave the company a “sector perform” rating in a research report on Thursday, December 14th.

The stock has a market capitalization of $669.83, a PE ratio of -11.68 and a beta of 0.67.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 19th. Shareholders of record on Friday, January 5th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 1.05%. This is a boost from Altius Minerals’s previous quarterly dividend of $0.03. The ex-dividend date is Thursday, January 4th. Altius Minerals’s payout ratio is -9.16%.

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About Altius Minerals

Altius Minerals Corporation is a mining royalty and mineral project generation company. The Company is engaged in the generation and acquisition of mineral resource projects, royalties and investments. The royalty interests cover mining operations producing copper, zinc, nickel, cobalt, precious metals, potash, and thermal (electrical) and metallurgical coal.

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