Altius Minerals (ATUSF) Projected to Release Earnings on Tuesday

Altius Minerals (OTCMKTS:ATUSF) will likely be announcing its results after the market closes on Tuesday, November 10th. Analysts expect the company to post earnings of $0.1679 per share and revenue of $22.09 million for the quarter.

Altius Minerals Stock Down 0.7%

OTCMKTS:ATUSF traded down $0.25 during trading hours on Tuesday, hitting $35.38. The stock had a trading volume of 1,941 shares, compared to its average volume of 32,843. Altius Minerals has a one year low of $26.45 and a one year high of $49.30. The business’s 50 day moving average is $44.38 and its 200-day moving average is $39.73.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ATUSF. Scotiabank reissued a “sector perform” rating on shares of Altius Minerals in a report on Tuesday, July 7th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Altius Minerals in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

About Altius Minerals

Altius Minerals Corporation is a Canadian mining royalty company headquartered in St. John’s, Newfoundland and Labrador. Rather than operating mines directly, the company generates revenue from royalties and other mineral interests tied to the production of metals and minerals by mining companies.

Its diversified portfolio provides exposure to commodities including copper, nickel, cobalt, zinc, iron ore, potash and other minerals. Altius has interests in a range of mining projects, primarily in Canada and the United States, and seeks to acquire or create additional royalties through partnerships, investments and project financing.

Founded in 1997, Altius has developed a business focused on long-life mineral assets and commodity diversification.