Scotiabank raises Altius Minerals price target to C$59
Scotiabank analyst Orest Wowkodaw maintained a Sector Perform rating on Altius Minerals and raised the price target to C$59 from C$58. The adjustment reflects a modest update to the valuation outlook.

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Scotiabank analyst Orest Wowkodaw has maintained a Sector Perform rating on Altius Minerals while increasing the price target to C$59 from the previous C$58. The revised target indicates a modest adjustment in the valuation outlook for the mining royalty and streaming company.
Rating and Price Target Update
The research note from Scotiabank reaffirms the Sector Perform stance on Altius Minerals, suggesting the stock is expected to perform in line with the broader sector. The price target increase of C$1 represents a slight upward revision in the analyst's expectations for the company's share price.
| Metric | Value |
|---|---|
| Rating | Sector Perform |
| Previous Price Target | C$58 |
| New Price Target | C$59 |
What specific factors drove the modest price target increase for Altius Minerals?
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