The Globe and Mail reports in its Friday, Oct. 20, edition that BMO Capital analyst Rene Cartier has reaffirmed his "market perform" recommendation for Altius Minerals. The Globe's David Leeder writes that Mr. Cartier cut his share target back by a loonie to $22. Analysts on average target the shares at $24.38. Mr. Cartier says in a note: "Altius delivered weaker-than-expected Q3/23 attributable royalty revenue relative to our estimates. In our view, the miss in the results was mainly driven by the potash division and to a lesser extent base and battery metals and thermal coal. In the quarter, Altius received its first lithium royalty revenue. SEDI filings show Altius was active on share repurchases and cancelations during the quarter. Altius plans to release its full Q3/23 results after market close on November 8." The Globe reported on June 14, 2022, that Canaccord Genuity rated Altius "buy." The shares could then be had for $18.41. The Globe reported on Nov. 19 that Raymond James analyst Brian MacArthur had reaffirmed his "outperform" call on Altius when it could be had for $21.21. The Globe reported on June 2, 2023, that Raymond James analysts said Altius was looking good. It was then worth $21.88.