Altius Minerals Stock Analysis

Altius Stock Analysis Notes

About 19.0% of the company shares are held by company insiders. The book value of Altius Minerals was presently reported as 10.38. The company last dividend was issued on the 15th of March 2024. Altius Minerals had 1:5 split on the 24th of February 2020. Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada, the United States, and Brazil. Altius Minerals Corporation was incorporated in 1997 and is headquartered in St. ALTIUS MINERALS operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. For more info on Altius Minerals please contact Brian Dalton at 709 576 3440 or go to https://altiusminerals.com.

Altius Minerals Investment Alerts

Altius Largest EPS Surprises

View All Earnings Estimates

Altius Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 999.2 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altius Minerals's market, we take the total number of its shares issued and multiply it by Altius Minerals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Altius Profitablity

The company has Profit Margin (PM) of 0.14 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.45 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.45.

Management Efficiency

Altius Minerals has return on total asset (ROA) of 0.0246 % which means that it generated a profit of $0.0246 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0166 %, meaning that it generated $0.0166 on every $100 dollars invested by stockholders. Altius Minerals' management efficiency ratios could be used to measure how well Altius Minerals manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of April 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.02. At this time, Altius Minerals' Total Assets are very stable compared to the past year. As of the 19th of April 2024, Non Current Assets Total is likely to grow to about 660.2 M, while Total Current Assets are likely to drop about 77.8 M.

Technical Drivers

As of the 19th of April, Altius Minerals shows the Risk Adjusted Performance of 0.0858, mean deviation of 1.36, and Downside Deviation of 1.51. Altius Minerals technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Altius Minerals, which can be compared to its peers. Please confirm Altius Minerals variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Altius Minerals is priced correctly, providing market reflects its regular price of 21.42 per share.

Altius Minerals Price Movement Analysis

Altius Minerals Predictive Daily Indicators

Altius Minerals Forecast Models

Altius Minerals' time-series forecasting models are one of many Altius Minerals' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Altius Minerals' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Altius Minerals prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Altius shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Altius Minerals. By using and applying Altius Stock analysis, traders can create a robust methodology for identifying Altius entry and exit points for their positions.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altius Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

When running Altius Minerals' price analysis, check to measure Altius Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altius Minerals is operating at the current time. Most of Altius Minerals' value examination focuses on studying past and present price action to predict the probability of Altius Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altius Minerals' price. Additionally, you may evaluate how the addition of Altius Minerals to your portfolios can decrease your overall portfolio volatility.