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

Altius Minerals Co. (OTCMKTS:ATUSF) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 378,800 shares, a decline 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 currently 16.8 days.

Altius Minerals Stock Performance

ATUSF stock opened at $18.08 on Monday. The company’s 50 day moving average price is $18.94 and its 200 day moving average price is $17.05. Altius Minerals has a fifty-two week low of $11.89 and a fifty-two week high of $20.20.

Altius Minerals Cuts Dividend

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

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets reaffirmed a “market perform” rating on shares of Altius Minerals in a research 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.