Altius Minerals (ATUSF) Expected to Announce Quarterly Earnings on Tuesday

Altius Minerals (OTCMKTS:ATUSF) will likely be issuing its resultson Tuesday, May 12th. Analysts expect the company to announce earnings of $0.1078 per share and revenue of $14.5940 million for the quarter.

Altius Minerals Price Performance

Shares of OTCMKTS:ATUSF traded down $0.02 on Tuesday, reaching $37.62. The company’s stock had a trading volume of 2,853 shares, compared to its average volume of 28,566. Altius Minerals has a 52-week low of $18.47 and a 52-week high of $38.66. The stock’s 50-day moving average is $35.02 and its two-hundred day moving average is $31.54.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ATUSF shares. TD Securities cut Altius Minerals from a “buy” rating to a “hold” rating in a research report on Friday, April 10th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Altius Minerals in a report on Wednesday, January 28th. Finally, Raymond James Financial reiterated an “outperform” rating on shares of Altius Minerals in a research report on Wednesday, January 14th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Altius Minerals Company Profile

Altius Minerals Corp. (OTCMKTS:ATUSF) is a Canada-based royalty and streaming company that acquires and manages a diversified portfolio of mineral, marine aggregate and energy royalties. Rather than investing directly in exploration and development, Altius secures long-term royalty and streaming agreements that generate recurring revenue from producing assets. This business model emphasizes capital efficiency and risk mitigation by partnering with operating companies and leveraging existing infrastructure.

The company’s royalty interests span multiple commodities and geographies, including iron ore assets in Labrador and Quebec, potash projects in Saskatchewan, thermal coal and petroleum royalties in North America, and marine aggregate operations along the Atlantic coast of Canada.