tiprankstipranks
Trending News
More News >

Altius Minerals upgraded to Outperform from Sector Perform at Scotiabank

Scotiabank upgraded Altius Minerals (ATUSF) to Outperform from Sector Perform with a price target of C$33, up from C$27. The firm has updated estimates for the company’s 3.0% gross revenue royalty on Champion Iron’s (CIAFF) proposed Kami Fe project in the Labrador Trough, which took “a significant step forward this week” following Champion’s announced project partnership with two major steel producers. The firm views this development as “very positive” for Altius shares, the analyst tells investors.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue