Altius Minerals Co. (OTCMKTS:ATUSF) Short Interest Down 9.7% in October

Altius Minerals Co. (OTCMKTS:ATUSF) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 378,800 shares, a decrease of 9.7% from the October 15th total of 419,700 shares. Based on an average daily volume of 22,600 shares, the days-to-cover ratio is presently 16.8 days.

Altius Minerals Stock Up 0.9 %

Shares of OTCMKTS ATUSF opened at $18.08 on Monday. The stock has a fifty day moving average price of $18.94 and a 200 day moving average price of $17.05. Altius Minerals has a 1-year low of $11.89 and a 1-year high of $20.20.

Altius Minerals Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, September 16th. Investors of record on Monday, September 2nd were issued a dividend of $0.0656 per share. This represents a dividend yield of 1.55%. The ex-dividend date of this dividend was Friday, August 30th.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets reissued a “market perform” rating on shares of Altius Minerals in a report on Friday, October 18th.

Altius Minerals Company Profile

Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada, the United States, and Brazil. The company owns royalty and streaming interests in 11 operating mines covering copper, zinc, nickel, cobalt, potash, iron ore, precious metals, and thermal and metallurgical coal.