Altius Minerals Co. (TSE:ALS) Director James Digby Ronald Strauss bought 2,400 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The shares were bought at an average cost of C$12.59 per share, with a total value of C$30,216.00. Following the completion of the purchase, the director now directly owns 28,890 shares of the company’s stock, valued at approximately C$363,725.10.

Shares of TSE:ALS traded down C$0.11 on Friday, reaching C$12.15. The company’s stock had a trading volume of 28,600 shares, compared to its average volume of 50,579. Altius Minerals Co. has a 52-week low of C$10.04 and a 52-week high of C$14.21. The stock has a market capitalization of $520.77 million and a P/E ratio of 104.74. The company has a quick ratio of 1.28, a current ratio of 1.37 and a debt-to-equity ratio of 32.42.

A number of brokerages have commented on ALS. Canaccord Genuity dropped their price objective on shares of Altius Minerals from C$18.50 to C$18.00 in a research note on Wednesday. Raymond James reissued an “outperform” rating and issued a C$16.50 price objective on shares of Altius Minerals in a research note on Friday, February 8th.

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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 royalty and streaming interests in 15 operating mines covering copper, zinc, nickel, cobalt, iron ore, precious metals, potash, and thermal and metallurgical coal; and various pre-development stage royalty interests in mineral commodities.

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